Rotterdam (The Netherlands): Prices of n-Butanol and Iso-Butanol are expected to globally increase due to expected increments in the prices of feedstock Propylene and the recent price hike initiated by OQ Chemicals, a leading manufacturer of oxo-alcohols, on February xx, xxxx, effective from March x, xxxx, for the Asian and European markets.
On February xx, xxxx, OQ Chemicals, a leading manufacturer of n-Butanol and Iso-Butanol, announced a price hike of xxx EUR/MT and xxx USD/MT for the European and Asian markets, respectively.
In terms of production costs, prices of feedstock Propylene (Chemical Grade) were recorded to have been stable across the North American market but have been surging throughout February xxxx across the Asian and European markets, further adding volatility across the global n-Butanol and Iso-Butanol market.
In terms of supplies of n-Butanol and Iso Butanol, the Asian market continued to experience costly imports of...
