Prices of x Ethyl hexanol (x-EH) are anticipated to increase globally as OQ Chemical, a leading oxo-alcohol manufacturer announces price hikes for the for the product in the global market with effective from March x, xxxx. On February xx, xxxx, OQ Chemicals announced prices hikes of EUR xxx/MT for the European market and xxx/MT in the prices of x-EH for the North American, and Asian market respectively.
In terms of supply, prices of feedstock Propylene (Chemical Grade) are further anticipated to show an increment in the global market which is anticipated to increase production costs of x-EH. The present challenges in the supply chain system were recorded to have been persistent which continued to increase transportation costs.
On the demand side, demand of x-EH from the downstream plasticizer and paint industry from the construction and automotive sector was recorded to be healthy in North...
