On 27 February, OQ Chemicals' oxo-alcohols unit in Oberhausen, Germany went offline amid technical issues, 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
- Asian demand likely stable quarter on quarter, demand from downstream plasticisers weak
- Asia-Europe arbitrage window could open on tighter European supply
In this podcast, ICIS editors Nicole Simpson and Julia Tan discuss the outlook for oxo-alcohols in Asia and Europe.