ICIS - chemical podcasts
Episode 1188: Supply improving down Europe oxo-alcohols chain
May 30, 2024
Editors Nicole, Marion, Mathew, and Cameron discuss the improved supply in oxo-alcohols, stable demand amidst economic pressures, challenges in import availability, and price stability. They also delve into the balanced supply situation, demand challenges, and uncertainties in the glycol ethers sector.
07:39
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Quick takeaways
- Supply in the oxo-alcohols chain has improved with OQ Chemicals' production restart, while demand remains subdued by economic pressures.
- Acrylic esters market sees softer conditions with increased availability softening prices, impacted by weak demand and external factors.
Deep dives
Oxo Alcohols Market Overview
The American Oxo Alcohols spot market ended with Ocucamicals restarting production in early May, alleviating buyer supply concerns. More suppliers entered the spot market, some Asian imports reached Europe, and supply-driven buying interest decreased as demand remained subdued due to economic pressures. Sellers anticipate a calm, well-supplied market ahead, with domestic supply more than enough to meet soft demand.
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