PODCAST: Asia, Europe oxo-alcohols March market sees sustained tight supply

Julia Tan

01-Mar-2024

SINGAPORE (ICIS)–On 27 February, OQ Chemicals‘ oxo-alcohols unit in Oberhausen, Germany, went offline following technical issues at a raw materials supplier, further tightening supply in Europe.

Asia is also likely to see tight supply as the market moves into the second quarter, as Japan embarks on its turnaround season.

  • Asia, Europe to see tight oxo-alcohols supply into Q2
  • Asia demand likely stable quarter on quarter; demand from downstream plasticizers weak
  • Asia-Europe arbitrage window could open on tighter Europe supply

In this podcast, ICIS markets editor Julia Tan and markets reporter Nicole Simpson discuss the outlook for oxo-alcohols in Asia and Europe.

(recasts, clarifying first paragraph)

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