ChemAnalyst Data Pvt Ltd

North America The  U.S. n-Butanol market  witnessed a sharp decline of approximately 23%, despite the usual disruptions linked to the hurricane season. The primary driver behind the bearish trend was weak construction spending across the country, as the construction sector is a major consumer of n-Butanol. Unfavorable export conditions further compounded the downturn. Labor disputes between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) led to suspended port operations, resulting in significant inventory build-ups across the supply chain. Midway through the quarter, global oxo-alcohol capacity expanded by 1.3 million tons annually with new facilities coming online, increasing global competition—especially from Asia—and placing additional downward pressure on U.S. prices. Toward the year’s end, U.S. suppliers ramped up destocking efforts to avoid inventory devaluation and mitigate year-end tax liabilities. These combined factors deepene...

  n-Butanol   is a crucial chemical compound widely used in various industries, including coatings, adhesives, textiles, and plasticizers. The market for n-Butanol has been witnessing dynamic price fluctuations influenced by several factors such as raw material availability, demand-supply dynamics, global economic conditions, and geopolitical events. The pricing trends of n-Butanol are directly linked to the costs of its primary feedstocks, primarily propylene, which is derived from crude oil or natural gas. Since crude oil prices are inherently volatile, any fluctuation in oil prices significantly impacts the production cost of n-Butanol, ultimately affecting its market price. Additionally, refinery maintenance schedules, plant shutdowns, and changes in production capacities also contribute to the price variations of this chemical. The demand for n-Butanol is closely tied to industries such as paints, coatings, and construction. The coatings industry, in particular, is one of...

n-Butanol Prices  a versatile alcohol used in various industrial applications, has witnessed significant fluctuations in its prices over recent years, driven by a complex interplay of market dynamics and external factors. As a key component in the production of plastics, coatings, and pharmaceuticals, the demand for n-Butanol remains strong, and its price trends can reflect broader economic conditions. The price of n-Butanol is influenced by several factors, including raw material costs, production capacities, and global economic conditions. The primary raw materials for n-Butanol production are propylene and butane, whose prices can greatly affect the final cost of n-Butanol. Variations in the cost of these feedstocks often result from changes in crude oil prices, as they are derived from petroleum. For instance, fluctuations in crude oil prices, which are influenced by geopolitical events, supply and demand dynamics, and production levels from major oil-producing countries, can r...

  North America The North American  n-Butanol  market faced a bearish trend in the first quarter of 2024, with prices slumping by approximately 18%. This decline was driven by low demand from the downstream construction and automotive sectors in the Asian market. The construction sector's low demand was primarily attributed to the real estate crisis in China and the post-festive slowdown following the Chinese Lunar New Year, which also affected the automotive industry. Additionally, drought conditions in the Panama Canal hindered US suppliers from shipping cargo to the Asian market. Despite Eastman Chemicals, a leading US oxo-alcohol producer, announcing a price hike, this did not translate into increased export prices for n-Butanol. The downturn in China's construction sector, where real estate developers faced liquidity issues and halted construction activities, led to delays and postponements in inventory procurement, further driving the bearish market sentiment. Get R...