- Prices for butanols remain the same- Production costs are less
pressing





In the week ending March 16, market length
continued to dominate European oxo-alcohol markets, despite a lack of trading
activity. Participants noted weak demand across
all market sectors, and participants pointed out sharp pricing declines from
February levels as a result of a subdued buyer's appetite. Players
emphasized the continued downward pressure on 2-ethylhexanol pricing, pointing
out that consumers are not interested in it. This led to
2-EH prices dropping by Eur10/mt over the week. Sources said
that although normal butanol and ito-butanol prices remained stable over the
week, weak demand was evident across both sectors due to low trading activity. "IBA/NBA
are similar to 2-EH... not in terms [weekly] price decreases... but because
demand is weak across all sector," a distributor said. He...