Iso Butanol Prices: Market Analysis, Trend, News, Graph and Demand
North America The U.S. Iso-Butanol market experienced a largely bearish trend in Q4 2024, with prices plunging by around 31% amid ample supply. Despite disruptions from the hurricane season affecting production and logistics, large inventories built by suppliers sustained downward pressure on prices. Efforts by producers like Eastman Chemicals to reverse the trend—such as a proposed price hike of USD 110/MT for October—had minimal impact. Demand remained weak, particularly from the construction sector, further reinforcing the bearish sentiment. Export activities were negatively impacted by a three-day strike between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX), which created backlogs and led to inventory accumulation at key ports. As the quarter drew to a close, destocking intensified. Suppliers, concerned about year-end tax implications and inventory devaluation, rushed to offload excess stocks, adding to the already weak market c...