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Markets :: Basic Chemicals :: Petrochemicals :: Acetone
11:48 AM MDT | September 19, 2008 | Chemical Week Editorial Staff
Prices PHENOL U.S.: 74-76 cts/lb, September contracts EUROPE: €1.25-€1.35/lb September contracts ASIA: $1.60-$1.80/kg, September contracts Outlook Global phenol consumption in 2007 was nearly 9 million m.t. and is expected to grow 3.4%/year to about 10 million m.t. through 2012, says a recent report by SRI Consulting (SRIC; Menlo Park, CA). Global capacity utilization was 85% in 2007. “The overall phenol market in 2008 will most likely cool off in tandem with the slowing global economy, particularly the economies that are in developed...
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