Title: Linear Alpha Olefin Prices, Price, News, Demand & Supply
1Linear Alpha Olefin Prices Overview
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Market Overview Quarterly Update on Global
Linear Alpha Olefins (LAO) Market For the
Quarter Ending March 2021 North
America Rigorous winter storm adversely
affected the US Linear Alpha Olefins market,
where the production was literally snapped off.
Several olefins giants were forced to shut down
their plants for weeks which led to a supply
crisis across the US Market. Manufacturers like
LyondellBasell, ExxonMobil, INEOS Olefins
Polymers and Formosa Plastics, were forced to
shut down their plants. Apart from these big
plants, around 30 plants also remained idled for
many days. Firm demand and low supply opportune
some manufacturers to increase their olefins
prices. Likewise, a major manufacturer increased
their polymer grade and refinery grade Propylene
prices by 33.5 and 10.7 respectively.
2Linear Alpha Olefin Prices Overview
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Asia Asian Linear Alpha Olefins (LAO) market
witnessed stable domestic demand from downstream
sectors during Q1 2021. Although the supply
remained tight across the region due to the
global shortage, following the US Gulf storm
crisis in February. Local supply for LAO in
Southeast Asia also reduced due to the Chinese
Lunar holidays. Chinese lunar holidays affected
the supply in other Asian countries as well, like
Inedia and South Korea. In India, CFR prices of
C24-C28 increased by 8.15 from January to March
ending. On the other hand, GS Caltex announced a
project to build mixed feed cracker having
700,000 TPA Ethylene and 350,000 TPA Propylene
capacity which is likely to enhance the
production capacity of South Korea and ultimately
reduce the supply crisis of Asian market in the
long term. Get more info https//www.chemanalyst
.com/Pricing-data/linear-alpha-olefin-1103 Europ
e Linear Alpha Olefins (LAO) prices remained in
uptrend across January, during Q1 2021. After
January price acceleration was halted by the
improved supply, as some cracker units restarted
in the region. Shortage of supply amid high
import demand from the Asian countries supported
the prices of Linear Alpha Olefins (LAO).
Borealis Stenungsund and INEOS Dormagen restarted
their crackers in March, that improved the supply
crisis across the region and effectively halted
the price acceleration.
3Linear Alpha Olefin Prices Overview
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Methodology ChemAnalyst gathers information
through primary research surveys conducted with
various Linear alpha olefins manufacturers,
spread across the domestic and international
market, suppliers and dealers/distributors to
gain insights into value-chains and demand-supply
scenario to assess the market situation. Thorough
study of companys 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 analysed, evaluated and
presented in chronological order to depict a
meaningful and clear picture of the concerned
market. Our dedicated team of industry experts
comprehensively monitors and analyses various
aspects of the Global Linear alpha olefins
market. The team analyses various industrial
segments, strategic viewpoints and provides an
analysis of the industrys 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 behaviour 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 Linear alpha olefins
market. Pricing is captured through exhaustive
primary interviews with domestic and
international manufacturers, traders and
importers and customers on monthly and yearly basi
s. Finally, region-specific markets for Linear
alpha olefins are analysed and region-wise demand
pattern is tracked.
4 Linear Alpha Olefin Prices Overview
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- About
- Linear Alpha Olefins (LAO) are important
industrial alkenes with chemical formula CnH2n.
LAO has a wide range of uses that varies with
number of carbons in a compound, like C4 to C8
are used in polyethylene copolymers, C10 are
utilized in synthetic lubricants, C12-C14 in
detergents, and above C20 are used as an additive
in lubricants. LAO is majorly consumed by
downstream industries like packaging, lubricant,
wax and others. Several other uses of LAO include
plasticizers, synthetic acids and on oil fields.
LAOs are commercially produced by mainly two
methods i.e., oligomerisation of Ethylene and by
Fischer-Tropsch synthesis. In Fischer-Tropsch
synthesis, Carbon Monoxide and Hydrogen are
converted into liquid hydrocarbon in the presence
of metal catalyst. - Product Specific Details
- CAS No. Multiple CAS No HS Code 29012990
(Mapped Under Others) Grades LAO Butene-1,
Decene-1, C14-C18, C20-C24, C24-C28 Packaging
Size Drum/Tanks Incoterms CFR, FOB, Ex-Works,
Bulk Contracted, Spot -
- Countries Covered
-
- APAC China, Japan, India, South Korea,
Singapore - Europe Germany, France, Belgium
- America USA, Brazil
- MEA Saudi Arabia, UAE, South Africa
5 Linear Alpha Olefin Prices Overview
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6Linear Alpha Olefin Prices Overview
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