Louisiana (USA)- In the North American market, Cumene pricing dynamics showed fluctuations in听 July due to stable demand from the downstream market. Acetone and phenol, the major consumers of Cumene, exhibited weak demand in the domestic market in late July, with Cumene prices ranging between USD xxxx-xxxx per MT, FOB Louisiana. The US, a significant manufacturer and supplier of Cumene, sees its price dynamics influenced by production costs, energy prices, and demand from the construction and personal care sectors. Propylene, the primary feedstock of Cumene, maintained positive pricing throughout the month, significantly impacting Cumene prices in the US market.
Liquid chemical tanker rates from the US Gulf to Asia have dropped significantly this week, as plant shutdowns and delays from Hurricane Beryl created substantial gaps in available space, according to shipping players. The US chemical industry may see the return of several...
