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Updated to Q2 2019
Provided that the upstream cracker maintenance programmes run and restart as scheduled, sources do not expect any supply disruption to oxo-alcohols in the second quarter. There are no major turnarounds planned for oxo-alcohols in Europe, with major works taking place in 2018. Any small maintenance work due in the next few months is not expected to disrupt supply.
Demand is typically its most buoyant in the second quarter and this may still turn out to be the case, but global uncertainty is doing little to support the situation. The economic outlook, Brexit and China-US trade talks along with low performance from the likes of the automotive sector are all impacting sentiment. Nevertheless, consumption is generally expected to be healthier than Q1 2019.
We offer the following regional Oxo-alcohols analysis and news coverage to keep you informed of factors and developments affecting prices in the Europe Oxo-alcohols marketplace.
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ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
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The alcohols (NBA, IBA, and 2-EH) have some uses just as solvents, but are primarily used as feedstocks for other products.
The European ICIS oxo-alcohols report follows isobutanol (IBA), normal butanol (NBA), 2-ethyl-hexanol (2-EH) and plasticizer pricing on a weekly basis.
The report contains two main plasticizers, dioctyl phthalate (DOP) and di-isononyl phthalate (DINP). As well as a delivered price for distribution within Europe, it includes free-on-board (FOB) prices for export.
Movement in upstream markets such as crude oil, propylene, phthalic anyhdride (PA) and orthoxylene (OX) are important in the oxo-alcohol markets.
Contract settlements and discussions are always included in the report.
As the market is a global one, the European report also tracks movement in Asian markets.
European availability is tight, and some sources attribute this as an advantage in the Chinese market, which has soaked up volumes that might otherwise have been available for Europe.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Oxo-alcohols. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
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