Page 13 - Layout 1
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Crude oil prices fell sharply in the fourth quarter of 2014 as
robust global production exceeded demand. After reaching
monthly peaks of $112 per barrel (bbl) and $105/bbl in June,
crude oil benchmarks Brent and West Texas Intermediate (WTI)
fell to $62/bbl and $59/bbl in December, respectively.
We should see pricing fall not only for vanillin, ethyl vanillin,
coumarin, phenyl ethyl alcohol and diphenyl oxide, all of which
are derived from petrochemicals, but others too due to the
reduction of energy costs used in manufacture and shipping.
gum turpentine weather which is relatively alcohol C-8
Gum turpentine pricing has also unpredictable. This time last year and C-10
were
there
that
monsoons
come down so items like terpineol, threatened crops and towards the
terpinyl acetate, iso bornyl acetate end of last year a hurricane near After significant cost increases in
should also reduce in price. Indonesia damaged plantations. 2014 the market seems to have
stabilised although supply remains
Many products are from palm kernel insufficient. Inventories are low and
oil although coconut oil is a very
ethyl maltol good substitute but tends to be more any non-forecasted demands would
constrict the market further, which in
and maltol expensive. Damage to coconut turn would extend already long lead-
crops in one part of the world can
The biggest production facility for sometimes lead to increases in palm times. For Alcohol C-12 in the short
term we do not foresee any supply
ethyl maltol and maltol has stopped kernel derived products as people issues and prices may even soften.
production this winter. The factory is start switching and demand grows.
located in northern China where
temperatures are below -10deg C octanoic acid/ raspberry ketone
and the raw materials are freezing
and need to be melted before use. decanoic acid Material is somewhat limited. The
However, the yield in winter is also Global demand remains high and main reason for this is due to
very low so the factory has decided supply short, keeping prices up. ongoing pollution issues; as a result
to stop running temporarily. This Material is available but with the number of manufacturers has
situation is expected to last until extended lead-times and on reduced. We believe that only one
April/May. occasions on allocation. We believe significant Chinese factory remains.
the situation is expected to remain This factory has improved the quality
fatty acids the same for 2015. of materials by using a new process,
The following products are naturally but there are still teething problems
which continue to delay output.
derived and most come from Demand is building due to this bottle
Malaysia, making the product very neck which only makes the situation
susceptible to changes in the worse.
www.treatt.com
robust global production exceeded demand. After reaching
monthly peaks of $112 per barrel (bbl) and $105/bbl in June,
crude oil benchmarks Brent and West Texas Intermediate (WTI)
fell to $62/bbl and $59/bbl in December, respectively.
We should see pricing fall not only for vanillin, ethyl vanillin,
coumarin, phenyl ethyl alcohol and diphenyl oxide, all of which
are derived from petrochemicals, but others too due to the
reduction of energy costs used in manufacture and shipping.
gum turpentine weather which is relatively alcohol C-8
Gum turpentine pricing has also unpredictable. This time last year and C-10
were
there
that
monsoons
come down so items like terpineol, threatened crops and towards the
terpinyl acetate, iso bornyl acetate end of last year a hurricane near After significant cost increases in
should also reduce in price. Indonesia damaged plantations. 2014 the market seems to have
stabilised although supply remains
Many products are from palm kernel insufficient. Inventories are low and
oil although coconut oil is a very
ethyl maltol good substitute but tends to be more any non-forecasted demands would
constrict the market further, which in
and maltol expensive. Damage to coconut turn would extend already long lead-
crops in one part of the world can
The biggest production facility for sometimes lead to increases in palm times. For Alcohol C-12 in the short
term we do not foresee any supply
ethyl maltol and maltol has stopped kernel derived products as people issues and prices may even soften.
production this winter. The factory is start switching and demand grows.
located in northern China where
temperatures are below -10deg C octanoic acid/ raspberry ketone
and the raw materials are freezing
and need to be melted before use. decanoic acid Material is somewhat limited. The
However, the yield in winter is also Global demand remains high and main reason for this is due to
very low so the factory has decided supply short, keeping prices up. ongoing pollution issues; as a result
to stop running temporarily. This Material is available but with the number of manufacturers has
situation is expected to last until extended lead-times and on reduced. We believe that only one
April/May. occasions on allocation. We believe significant Chinese factory remains.
the situation is expected to remain This factory has improved the quality
fatty acids the same for 2015. of materials by using a new process,
The following products are naturally but there are still teething problems
which continue to delay output.
derived and most come from Demand is building due to this bottle
Malaysia, making the product very neck which only makes the situation
susceptible to changes in the worse.
www.treatt.com
