Episode 1042: Economic pressures amid the summer vacation season keeps Europe oxo alcohol and derivates markets subdued
LONDON (ICIS)--The July oxo-alcohols and derivatives markets in Europe continue to see subdued spot trading activity as economic pressures amid the summer vacation season weigh on the value chain.A meaningful recovery in demand for the remainder of 2023 is not anticipated by market participants, as economic challenges are not expected to ease significantly soon.Butyl acetate (butac) editor Marion Boakye speaks to oxo-alcohols editor Nicole Simpson, acrylate esters editor Mathew Jolin-Beech and glycol ethers editor Cameron Birch about the current market dynamics.