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Stable prices for phthalic acid | July Contract price settlement for feedstock Propylene

Jul 01, 2022

- Stable prices for phthalic acid- July Contract price settlement
for feedstock Propylene





In the week ending June 30, European
oxo-alcohol markets saw limited demand, with Europe still being a high-cost
market. Producers commented that prices are
higher in Europe than in other regions, and added that the market is more
resilient even though demand is lower. N-butanol
spot price at Eur1,900-1,930/mt FOB Rotterdam, down Eur100-120/mt over the week. This is
the lowest in a producer's indicative range at Eur1,900-1.950/mt. N-butanol
export prices were assessed at $1.550-2.500/mt FOB Rotterdam. This is partially due
to the drop in the domestic market. The I-butanol spot prices were Eur1,900/mt
FDN Northwest Europe, down Eur100-120/mt over the week. It was down Eur20-23/mt within
a producer's indicative range of prices at Eur1,500-1.600/mt and taking into
account market feedback on...

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