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Economics :: Prices
Product Focus: Butanediol
1:11 PM MDT | May 29, 2008 | Chemical Week Editorial Staff
Prices U.S.: 120 cts-130 cts/lb del EUROPE: €1,820-€1,990 m.t. del, contract ASIA: $2,045-$2,100/m.t. cfr, spot Outlook Global butanediol (BDO) demand is expected to grow at about 3%/year, to roughly 1.58 million m.t., by 2011. China demand is expected to grow the fastest worldwide during that time, at 4%-6%, says SRI Consulting (SRIC; Menlo Park, CA). Demand is expected to slow from 2009-11, however, as major expansions are expected to come onstream within the next year and China capacity reaches its maximum, says Sean Davis, SRIC consultant. Demand in...
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