- Butanol Prices Fall Eur40-41/mt in Week- Feedstock CP settles Eur30-31/mt
for month





In the week ending March 2, European
oxo-alcohol market sentiment remained bearish, with participants holding weak
fundamental views and outlooks. Although
February was generally regarded as a better month for market activity and
liquidity than Q4 2022 or January, participants highlighted that the
fundamentals remain long-term with limited certainty about the short- and
long-term outlook. "Sentiment is certainly better than
December. A producer stated that January-February saw
positive dynamics, greater interest from clients and more volume allocated to
the market. The producer said, "But the question here
is, is it the effect of some destocking or something we will keep with us for a
few months?" These dynamics were driven by weak derivative
demand. All derivative sectors reported a low buying appetite. This...