Tetrahydrofuran Prices, News, Market Analysis

1
Tetrahydrofuran Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Market Overview Quarterly Update on Global
Tetrahydrofuran (THF) Market   Asia In Asia,
solid demand from several downstream sectors and
tight supply pushed up the prices of THF during
Q1 2021. Europe-Asia route congestion created
shortage of feedstock BDO (1,4-butanediol) as
well as THF. In the Indian market, price of THF
surged from USD 2436.2 per MT in January to USD
2597.4 per MT in March, under global inflation in
petrochemical prices. Get more info
https//www.chemanalyst.com/Pricing-data/tetrahydr
ofuran-1213
2
Tetrahydrofuran Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Meanwhile, the global market was facing huge
crisis of BDO, that sky-rocketed the prices of
BDO and its derivative products including THF. In
addition, container shortage from Europe to Asia
and Chinese Lunar holidays left adverse impact on
the supply fundamentals across the region. North
America   The North American THF supply remained
curtailed due to shortage of feedstock BDO across
the region during Q1 2021. LyondellBasells
upstream Propylene Oxide (PO) manufacturing plant
at Texas faced force majeure in Feb., which sent
ripples to the production volumes of BDO across
the region. In addition, BASF also increased the
prices of BDO and THF by USD 330 per MT and USD
440.5 per MT respectively in North America. The
price increase will be implemented with effect
from 1st April 2021 in the region
respectively.   Europe   The European region
faced challenges like other regions of the globe.
The region was heard dealing with acute shortage
of the feedstock BDO due to multiple reasons, one
of them being shortage of shipping containers.
LyondellBasells upstream PO manufacturing unit
in Rotterdam faced force majeure due to technical
instability, which affected the production of THF
across the region, thereby strengthening its
prices. BASF was heard positively increasing the
prices of BDO and THF in Europe in both the
months of January and March.  How we can
help ChemAnalyst addresses the key problematic
areas and risks associated with chemical and
petrochemical business globally and enables the
decision-maker to make smart choices. It
identifies and analyses factors such as
geopolitical risks, environmental risks, raw
material availability, supply chain
functionality, disruption in technology and so
on.
3
Tetrahydrofuran Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/

• It targets market volatility and ensures clients
  navigate through challenges and pitfalls in an
  efficient and agile manner. Timeliness and
  accuracy of data has been the core competency of
  ChemAnalyst, benefitting domestic as well as
  global industry in tuning in to the real-time
  data points to execute multi-billion-dollar
  projects globally.
• Methodology
• ChemAnalyst gathers information through primary
  research surveys conducted with various
  Tetrahydrofuran (THF) 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 analyzed, 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 analyzes various
  aspects of the Global Tetrahydrofuran (THF)
  market. The team analyzes 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 behavior 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
  Tetrahydrofuran (THF) market.

4
Tetrahydrofuran Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/

• Pricing is captured through exhaustive primary
  interviews with domestic and international
  manufacturers, traders and importers and
  customers on weekly, monthly and yearly basis.
• Finally, region-specific markets for
  Tetrahydrofuran (THF) are analyzed
  and region-wise demand pattern is tracked.
• About
• Tetrahydrofuran (THF), also known as Oxolane, is
  an organic compound having transparent liquid
  appearance at room temperature. THF is a polar
  versatile solvent which can be mixed in water and
  have lower viscosity. There are several methods
  available to produce THF including a traditional
  one which is not feasible to be used these days.
  One commercial method is the Reppe synthesis. In
  this process 1,4-butanediol is dehydrogenated in
  the presence of acid catalyst to yield THF.
  Another less popular method is hydroformylation
  of allyl alcohol. Some manufacturers like DuPont
  have their own method to produce THF, DuPont uses
  n-butane for the production. THF has multiple
  industrial applications like it is widely used as
  solvent for polymer, resins, fat oils, protective
  coatings etc. In addition, it is utilised in
  paints, adhesives, coating, pharmaceuticals,
  agrochemicals, making polyurethane spandex etc.