OQ Chemicals Announces Price Increases for Oxo Intermediates
Effective February 1, 2025, OQ Chemicals will implement a price increase on several oxo intermediates due to market supply and demand fluctuations. These adjustments will affect products produced at the Bay City, TX, USA facility.The new price changes are as follows:n-Propanol+ $0.07/lb in North America and Mexico+ $150/mt in South America, Europe, and the Rest of the World (ROW)n-Propyl Acetate+ $0.04/lb in North America and Mexico+ $90/mt in South America, Europe, and ROWThese price adjustments reflect the ongoing market challenges in the chemical industry, including rising production costs and increasing global demand for oxo intermediates.
What Does This Price Change Mean for Your Business?