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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Orthoxylene · Phthalic Anhydride
14 February 2019 Issue Number 482
  • Global mixed xylenes prices firmer as supply becomes tight
  • US OX contract price for February increased by 3 c/lb to 38 c/lb
  • European OX contract price for February increased by €15/ton to €825/ton
  • Asian OX market balanced however, inventories have decreased again
  • European PA prices up and demand improving as Spring approaches
  • Chinese PA prices largely stable, demand remains sluggish

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Acetic Acid · Vinyl Acetate
11 February 2019 2018 Issue Number 377
  • China acetic acid prices rebound slightly after January slump
  • Acetyls demand in China, Asia reaches lull ahead of holiday
  • Europe VAM market continues downward trend in early 2019
  • US acetyls markets returning to balanced conditions in January
  • Celanese plans further acetic acid expansion in Texas by 2022…
  • …However, Celanese will shut some acetic acid capacity in Asia

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Acrylic Acid & Acrylates
7 February 2019 Issue Number 334
  • BASF and Adani announce potential acrylic acid and BA project in Mundra, India
  • Propylene prices in Europe stabilise as February contract settles at a rollover
  • Competition in US BA spot market grows as imports vie for volume
  • European acrylic acid and acrylates market flat in February following propylene rollover
  • Chinese acrylic acid prices soften as market slows down for the Chinese New Year
  • Chinese MMA prices reach fifteen month low in early February

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