Chemical Updates

Asian Oxo Alcohols Weekly Commentary / China domestic production rates at about 60%-62% / Butyl alcohol remains firm on tight supply

Aug 07, 2026

the oxo alcohols upstream market for propylene at $1,020/metric ton FOB South Korea, up $10/mt week over week, on Aug. 6. CFR China propylene was at $1,050/mt, unchanged over the same period. 2-ETHYLHEXANOL Asian spot 2-EH prices rose in the week to Aug. 6, driven by sustained elevated feedstock costs and tight supply. Spot offers and discussions were higher during the week as sources continued to cite elevated propylene costs amid supply tightness, despite a weaker upstream energy complex. In China, domestic operating rates were stable at about 60%-62% as several Chinese producers kept their units shut amid margin pressure, according to several market sources. "Prices were well supported as 2-EH producers have no inventory pressure due to low production rate," a China-based buyer said. Meanwhile, downstream buying interest was...

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