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Fergus Jensen

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As seen in: ICIS News, MSN, Business Insider, Daily Mail, HuffPost, MSN South Africa, MSN UK, Reuters, The Daily Mirror, The Economic Times, The Independent (UK) and
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Articles

Europe PU feedstocks prices hit new lows as demand pickup lags

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By Fergus Jensen Verified
| ICIS News Verified
LONDON (ICIS)--Incremental improvements in demand for polyurethane (PU) products have slowed downward pressure on the Europe isocyanates and polyols markets where supply is abundant, and producers are now hoping for a reversal in the coming months.
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Europe PU feedstocks tumble as pandemic wipes out April demand

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By Fergus Jensen Verified
| ICIS News Verified
LONDON (ICIS)--Polyurethane (PU) feedstocks fell to fresh multi-year lows in April, reversing March gains as the coronavirus pandemic forced factory closures that led to widespread isocyanates and polyols order cancellations and postponements, and increased downward pressure on the industry.
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INSIGHT: Europe phenol industry braces for impact of auto closures

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By Fergus Jensen Verified
| ICIS News Verified
LONDON (ICIS)--While European phenol contract prices have plummeted to an 11-year low in April and spot prices are now at their lowest since 2002, consumption has largely beaten expectations amid the coronavirus downturn. However, many in the industry see further downside in the coming weeks. - Q2 adder fees roll over - Impact of automotive plant outages awaited - Export business eyed “No one is optimistic,” one Europe-based phenol producer said. “All of us are in a big risk.” - FALSE HOPE?
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