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Supply of Polyols remained snug throughout the quarter as steep climb in feedstock prices in China pushed back some of its manufacturers from utilizing their full capacities. Amidst the limited supply, several traders were heard offering Polyol cargoes at premium to incur optimum gains from these market uncertainties. With ease in majority of containment restrictions, offtakes of Polyol cargoes from Southeast Asia showcased major revival in comparison to the last quarter.
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Polyol Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Market Overview Asia Supply of Polyols remained snug throughout the quarter as steep climb in feedstock prices in China pushed back some of its manufacturers from utilizing their full capacities. Amidst the limited supply, several traders were heard offering Polyol cargoes at premium to incur optimum gains from these market uncertainties. With ease in majority of containment restrictions, offtakes of Polyol cargoes from Southeast Asia showcased major revival in comparison to the last quarter. Despite the antidumping probe imposed on the cargoes of foam mattress originated from Southeast Asia, traders reported of steep increment in demand from the US buyers. In the overall Asian market, buyers were seen restocking Polyol cargoes amidst fears of consistent hike in its feedstock prices in the coming months. Projecting a consistent increment since July, Polyester Polyol Ex-Depot prices on CFR India basis were averaged at USD 1942 per MT in the quarter ending September. For more info : https://www.chemanalyst.com/Pricing- data/polyols-60 North America As production rates were curtailed in Q2 due to languished demand, the availability of Polyol remained tight in the third quarter. Plant operating rates were adjusted in July keeping in mind that the demand is likely to stay dampened in the coming months. However, contrary to the perceived notions, the demand for Polyols recovered way faster in Q3 2020 which eventually resulted in a huge dropdown in inventory levels. Better offtakes from segments such as bedding, and furniture helped in achieving sales figures close to the pre lockdown levels. Furthermore, astonishing revival of the automotive sector considerably push up the market fundamentals in North America by the September end.
Polyol Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Europe Mixed supply sentiments were observed for Polyol in the European market as the unexpected demand recovery surpassed the overall production of Polyols in the region. The supply of Polyols further tightened with reported shortage of feedstock Ethylene Oxide due to issues prevailing in Shell’s Moerdijk cracker and other upstream outages heard across the region. Higher Polyol prices in Asia made European Polyol producers optimistic over enhanced export demand to Middle East. However, slow recovery in the downstream automotive sector affected the quick revival in the European region. How we can help ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.
Polyol Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Methodology ChemAnalyst gathers information through primary research surveys conducted with various Polyol manufacturers, spread across the domestic international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market. and Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Polyol market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility. Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe. Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Polyol market. Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis. Finally, region-specific markets for Polyol are analyzed and region-wise demand pattern is tracked.
Polyol Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ About Polyols are waxy solids or viscous liquid functional resins utilized to produce a range of products such as elastomers, adhesives, flexible foams, sealants and others. Polyols are categorized into polyester, polyether, polycarbonate, polybutadiene and polyacrylate polyols. Amongst them, polyether polyols and polyester polyols hold the maximum consumption share across globe owing to their superior properties and better affordability. Polyols are majorly utilized in the production of polyurethane foams. Polyester polyols are preferred over polyether polyols in few of the rigid foam applications due to their superior flame retardant properties and low cost. Polyester Polyols can even provide better chemical resistance and wear resistance in coatings, elastomers, sealants and adhesives. Most common method for the production of Polyols is via catalyzed addition of Ethylene or Propylene Oxide to a hydrogen active initiator in a discontinuous batch process at high temperature and pressure. Potassium Hydroxide is the preferred catalyst in the production process.