Heading into 2019, US market players widely expect that phenol margin expansion that began this year will continue into 2019 while price pressure will persist on co-product acetone among oversupply.
What is the reasoning behind this? Senior editor Amanda Hay explains that export margins for phenol and margin compression associated with acetone have driven producers to seek increases to contract adders for domestic phenol buyers. Amanda Hay goes on to explain that Acetone margins began falling this year due to rising costs which have kept pressure on prices in an oversupplied environment.
Find out more from Editor Amanda Hay in the insight piece, Phenol Tightens, Acetone Lengthens in Shifting US Landscape.
Download insight now