After a difficult first quarter normality is starting to return to the UPR markets. The first quarter saw some sweeping price increases for a number of raw materials and producer margins came under pressure. This was despite volumes and sales figures being reported at ‘better than expected’ levels. Raw material prices increased month on month… Read More UP Resins: Margins returning to normal as raw materials stabilise
Tecnon OrbiChem and CNCIC Consulting invite you to attend their FREE SEMINAR “New Era of China Petrochemical Industry” on Friday 7 July from 1:30pm to 5:30pm at 3F, Renaissance Shanghai Yu Garden Hotel During the Chinese 13th Five Year Plan (2016-2020), ‘Addressing Overcapacity’ and ‘Environmental Protection’ are the most important policies impacting Chinese Petrochemical industry.… Read More FREE SEMINAR: New Era of China Petrochemical Industry
The caustic soda market has seen a tightness in supply in most regional markets lately. Producers in the US have been reporting a very tight market situation, particularly for membrane grade, and have been pushing pricing levels higher. Some of this supply tightness has come from reduced operating rates due to slower chlorine markets, but… Read More Chlorine Problems Threaten Tightness For Caustic Soda
Polyamide resin prices increased sharply in the first quarter of 2017, pulled along by rapidly increasing raw materials and strong demand across a variety of end-uses and applications. Producers of both polyamide 6 and polyamide 66 resins were able to pass through price increases with relative ease given the tight supply/demand fundamentals, and in some… Read More Polyamide markets split along regional lines, but for how much longer?
With crude oil prices hovering at around $50/bbl for the past 2-3 years, the market for bioethanol-based monoethylene glycol (MEG) continues on a rocky road as its premiums over petro-based MEG prices remain at more than 20%. The production cost of bio-ethylene is between 1.1-2.3x higher than the global average petrochemical ethylene. Bio-ethylene is even… Read More The quest for cost-competitive bio-MEG sources continues
Tight supply conditions and rising feedstock prices have plagued the global acrylic acid and acrylates markets in early 2017. Prices increased in all regions, boosted not only by the supply/demand imbalances in the market, but also by firm feedstock prices. In the US, the substantial increase in propylene contract values drove up acrylics prices, and… Read More Are price trends beginning to change direction in the acrylic acid and acrylates market?
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