ICIS - chemical podcasts Episode 1284: PODCAST: New oxo-alcohols capacities in China to impact sentiment in 2025
Dec 17, 2024
The podcast delves into the effects of expanding oxo-alcohols capacity in China, highlighting challenges in the market and weak demand from the plasticisers sector. It discusses domestic production surges, the impact on import demand, and export strategies amidst oversupply pressures. Insights into how construction sector obstacles are influenced by population trends and government initiatives provide a comprehensive view. Additionally, fluctuations in propylene prices could reshape industry margins as 2025 approaches.
AI Snips
Chapters
Transcript
Episode notes
Impact of Capacity Expansions
- Chinese oxo-alcohol production is expected to hit a record high in 2024.
- Domestic prices for 2-EH and butanol have dropped significantly due to capacity expansions.
Future of Chinese Exports
- Chinese producers with geographical advantages or downstream integration will focus on exports.
- They aim to establish regular export channels to alleviate domestic oversupply pressures.
Asian Export Concerns
- Asian oxo-alcohol producers outside China are concerned about finding export opportunities.
- Demand is expected from South Asia (Bangladesh, Pakistan) and Korea (LG Chem).