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TECNON ORBICHEM

Your Source of Expert Chemical Industry Knowledge

Tecnon OrbiChem has been a leader in providing data and analysis to the petrochemical industry since 1976. We are now one of the world's foremost marketing consultancies to the bulk chemicals, petrochemicals and plastics industries. We specialise in Chemical Intermediates, Synthetic Fibres and Resins.

Tecnon OrbiChem provides independent, expert assistance on projects and strategic issues. We offer a unique combination of up-to-date market information and in-depth analysis through monthly business reports and proprietary databases.

Market Highlights

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Ethylene Glycols • EO & EODs
26 March 2020 Issue Number 382
  • Brent values below $30/bbl and COVID-19 outbreak the main concerns in March
  • Ethylene falls $145/ton in China, €50/ton in Europe and 1.75 c/lb in the US
  • Chinese spot MEG prices hit a 10-year low of $400/ton cfr
  • Tight MEG market in Europe sets February ECP at €608/ton; March €595/ton ddp
  • MEG drops 1-2 c/lb in US, amid high output, stable demand and record exports
  • Ethanolamine prices firm in Europe, but stable in the US and softening in China

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Unsaturated Polyester Resins
25 March 2020 Issue Number 141
  • US UPR prices flat again, demand is good so far but expected to slow in April
  • European UPR prices softer, March started well but has slowed as lockdowns begin
  • Asian UPR market activity is slowly picking up but prices and run rates remain low
  • US maleic prices flat, decreases expected in April. Spot prices in Europe are firmer
  • Global styrene values plummet to multi-year lows
  • European phthalic anhydride demand soft, US demand better than expected

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Epoxy Resins & Co-Reactants
24 March 2020 Issue Number 042
  • Chinese LER prices fall by almost $400/ton in March
  • Producers push for price increases on LER in US and Europe
  • Hexion’s 7 c/lb increase for BPA from 1 March pushed through in spot market
  • Minor decreases in European spot BPA prices despite significant drop in benzene
  • US suppliers push 5 c/lb increase in ECH spot market
  • Chinese ECH values plunge to 30-month low in March

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