FEATURE: Poor fundamentals weigh on cumene sentiment, forcing capacity closures

Limited retail demand is weighing on sentiment across Europe’s phenol and acetone value chain, with little prospect of an upturn for primary feedstock cumene in the currently long regional market before the end of 2023, according to experts at S&P Global Commodity Insights. Continued weak fundamentals and a bearish outlook, expected to persist deep into 2024, have prompted several major…