ICIS has a network of locally based reporters providing coverage of regional Phenol markets.
Whichever regional markets you need to track, our independent price assessments and market coverage will keep you fully up-to-date so you can always negotiate with confidence.
Updated to Q2 2020
Supply is not likely to tighten as much due to the postponement of some turnarounds and a bearish demand outlook. US exports will be constrained by weak demand in other regions amid the pandemic. Formula-based contracts face downward pressure from feedstock benzene due to record low crude values.
It is increasingly uncertain if demand from key downstream sectors will pick up in Q2. Buyer traffic is slowing in the US housing market and upcoming construction projects are being halted, while some auto production has shut down. Further declines in crude prices could affect phenolic resins demand, which are used to coat grains of sand to produce proppants for hydraulic fracturing (fracking).
We offer the following regional Phenol coverage to keep you informed of factors and developments affecting prices in the US Phenol marketplace.
News & analysis
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
Analytics tools for MPG include:
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
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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.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Phenol, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.
The primary chemical intermediates and derivatives of phenol include phenolic resin, bisphenol-A (BPA), caprolactam, adipic acid and plasticiser.
The weekly ICIS report on the US Gulf (USG) market for phenol includes both contract and spot assessments.
The contract price generally moves monthly and lags the upstream benzene development by about one month.
The spot price and free on board (FOB) export price can be moved weekly, or as market conditions dictate.
Information on the report contains input from buyers, sellers and traders, as well as a comprehensive look at the upstream and downstream factors that influence pricing.
The report includes monthly contract pricing for benzene, which is a key cost ingredient in phenol production.
Supply and demand issues are also discussed in the report, including production problems and planned outages.
Monthly trade data rounds the analysis to deliver a full picture of the US phenol market.
Subscribers find the report invaluable for establishing their own pricing terms with suppliers and customers.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Phenol. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
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