Additional phenol, acetone demand from Brazil, India, Turkey adds pressure on European markets

A cluster of phenol and acetone disruptions outside Europe, most notably an unplanned outage in Brazil and propylene-driven production disruptions in India, has redirected buying interest toward European sellers, reshaping trade flows, sources said in the week up to April 20. At the same time, Turkey has emerged as a tactical outlet where bids and offers were tested against higher European prices,A cluster of phenol and acetone disruptions outside Europe, most notably an unplanned outage in Brazil and propylene-driven production disruptions in India, has redirected buying interest toward European sellers, reshaping trade flows, sources said in the week up to April 20. At the same time, Turkey has emerged as a tactical outlet where bids and offers were tested against higher European prices,Read More