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IPA Exporters see buying demand decrease | Expectations of slowdowns in phenol and acetone demand

IPA Exporters see buying demand decrease | Expectations of slowdowns in phenol and acetone demand

Dec 07, 2022

- IPA Exporters see buying demand decrease- Expectations of slowdowns in phenol and acetone demand



ACETONE: US spot Acetone was priced at
$728/mt FOB USG Dec. 6 stable, based upon last heard pricing of $730/mt. Domestic acetone contract
assessments for truck and railcar were assessed at 44.5c/lb ($981/mt), which is
consistent with stability in spot market. PHENOL:
US spotphenol was valued at $1,052-1,092/mt FOB USG. This is based on
last-heard pricing of benzene plus 8.5 cents/lb. Domestic phenol assessments for truck and railcar were at
$1,816-1,856/mt (82.37c/lb). This assessment is 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 within a wide range
of 48-57 cents/lb ($1,058 -$1,256/mt). Domestic
prices were also stable at $1,278/mt. This is similar to the spot market. INDUSTRIAL ETHANOL...

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