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IPA Exporters See a Drop in Buying Demand  | Expectations for November slowdown in phenol and acetone demand - Nov 09, 2022

IPA Exporters See a Drop in Buying Demand | Expectations for November slowdown in phenol and acetone demand - Nov 09, 2022

Nov 09, 2022

- IPA Exporters See a Drop in Buying Demand- Expectations for November slowdown in phenol and
acetone demand



ACETONE: US spot Acetone was evaluated
stable at $728-$748/mt FOB USG Nov. 8. Based on the last-heard pricing of $730-&750/mt. Domestic acetone contract
assessments for truck and railcar were assessed at 44.5c/lb ($981-$997/mt),
which is consistent with stability in spot market. PHENOL: US spotphenol was stable at $1,052-$1,092/mt FOB USG
Nov. 8. Last-heard pricing of benzene plus
an additional 8.5 cents/lb informed the assessment. Domestic phenol assessments for truck and rail car were
$1,816-$1,846/mt (82.37c/lb) as of the week's end, subject to confirmation of
contracts. IPA: US isopropyl Alcohol was
stable at $1,090-$1,130/mt FOB US Gulf on the week. This is based on last heard
pricing at less than $1,100-$1,140/mt and pending fresh indications. The spot market stability...

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