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Through January, the European oxo-alcohols and derivative markets have been defined by soft demand, lengthy supply and downwards price pressure. Demand has picked up for some sellers on restocking activity, however, buying interest is weaker than a normal January for most in the oxo-alcohols chain. Sources are watching the broader economy, gas prices and Post-Lunar New Year consumption in China.
Oxo-alcohols editor Nicole Simpson speaks to glycol ethers editor Cameron Birch, acrylate esters editor Mat Jolin-Beech and butyl acetate (butac) editor Marion Boakye about the current conditions on these markets and expectations for the near future.