In recent weeks, there has been a gradual rise in Polyol prices in the USA. This trend persisted this week, with Polyol prices continuing to show bullish movement and producers increasing prices by xx since the start of February xxxx. This increase comes amid moderate demand and strained supply availability.
The production of feedstock Propylene Oxide were affected by the tight availability of upstream Propylene supplies and rising upstream Propane prices in the region. At the same time, LyondellBasell in Bayport Texas, with a feedstock Propylene Oxide production capacity of xx,xxx MTPA, went under force majeure on xrd Feb xxxx. Furthermore, the occurrence of North American winter storm Uri on xxth February xxxx impacted the operating rates at regional Polyol units. Consequently, production and availability of Polyol supplies remained inadequate in the market, and producers raised their quotations. Meanwhile, Polyol offtakes remained moderate by buyers from the...
