Availability of butanol in Europe has been very tight since the beginning of the year and there is no expectation of a significant improvement during this quarter. This is due to a combination of production issues, limited supply from imports and improving demand. One major producer stopped supplying n-butanol to the market at the end… Read More Butanols Supply in Europe Likely to Remain Tight for Q2
The global Engineering Thermoplastics markets have dealt with a variety of influences and been pulled in all directions during the first half of 2017. Producers of Engineering Thermoplastics successfully pushed through significant price increases during the first quarter of 2017 as the industry coped with sharply higher raw material costs. In some markets, such as… Read More Volatile raw materials keep Engineering Thermoplastics markets guessing
Many of the problems that had been affecting several phthalic anhydride plants in West Europe have now been resolved. However, product supply is increasingly tight and many producers continue to hold low inventories. Contract requirements are being met but material for the spot market is limited. Prices have continued to increase for both molten and… Read More Phthalic anhydride and orthoxylene supply in Europe remains tight as spot prices continue to rise
Epoxy resin consumers had found themselves on the back foot in quarter one, with suppliers dictating the terms of the market for a change. Lower Asian import volumes kept the European market tight and producers were said to be running flat out trying to keep up with domestic demand. Turning to quarter two, export data… Read More Strong and trend-defying European epoxy resin prices buck expectations
After steady, although modest, increases in polyester raw materials beginning in September, 2016, costs began to change direction in March/April. Asia spot raw materials began to decline in March resulting in a quick response in polyester packaging resin and fibre prices, particularly in China. Contract polyester raw material changed more slowly delaying price reductions in… Read More Where will polyester price direction going next?
By John Hodgkinson Have the Asian producers finally woken up to the fact that they have been losing money hand over fist for quite some time now? Last month those semi-integrated producers in Northeast and Southeast Asia had wonderful contribution margins on exports to China of -$155-160/ton on phenol, +$35-50/ton on acetone and +$50-70/ton on… Read More Who is making money on phenol or acetone or BPA in Asia?
The global isocyanates markets have been extremely bullish during the first quarter of 2017. This comes as a result of a series of both planned and unplanned outages in Europe and Asia, which have left the market very short of supply. As a result, prices have been continuously increasing throughout the year so far and… Read More MDI and TDI tightness set to continue in the short term