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South Korea's Hanwha Solutions to shut the oxo-alcohol plant on April 17 for a planned turnaround / Taiwan's Nan Ya Plastics to restart the 2-EH unit by April 8

Apr 08, 2022

South Korea's Hanwha
Solutions to shut the oxo-alcohol plant on April 17 for a planned
turnaroundTaiwan's Nan Ya Plastics
to restart the 2-EH unit by April
8As a result of weak downstream demand and tighter
spot supply, the 2-ethyl hexanol CFR China marker was stable on April 7. 
Commodity Insights earlier reported that east China's demand for plasticizer
products was low due to the spreading virus. "We are worried about
increasing inventory for DOP and DOTP. We will drop our operating rate in
April," said a DOP producer from Ningbo in eastern China. "China
is the main market for DOTP, and as you all know, China's demand is slow this
week. Others were more positive about the market and said that majors
planned turnarounds and unexpected shutdowns of producers were lending
support. The selling indicator for 2-EH is $2.100/mt CFR China. This...

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