Prices of n-butanol and Iso-Butanol across the Japanese market were recorded to have increased by approximately xx during February xxxx due to increasing prices of feedstock Propylene across the European market which witnessed an incline of more than xxx during the same time, thereby leading to expensive imports into the Japanese market. Presently the Japanese market of Iso-Butanol and n-butanol continues to be driven by the increasing prices of feedstock and the present disruptions听 at the Red Sea, which pushed up freight charges by more than xxxx above the 鈥渢hreshold charges鈥�
On the supply side, challenging conditions as strikes carried out by the German Union called a near-nationwide public transport strike for the second time in February xxxx which led to an increment in transportation costs. Moreover, a force major at OQ Chemicals at the Oberhausen site further exacerbated the supplies of n-butanol and Iso-butanol...
