Hamburg, Germany: German Tertiary Butyl Alcohol prices have stabilized after registering significant uphill trend in October. Owing to a slight improvement in consumer demand oil prices have steadily increased in recent weeks due to tighter supply and potential demand softening, leading to higher cost pressures for Tertiary Butyl Alcohol. Purchases of Tertiary Butyl Alcohol have risen to meet immediate needs, while domestic inventories remain low in the region.
Additionally, the impact of crude oil has also been noted on the Tertiary Butyl Alcohol market. The escalating conflict between Israel and Hezbollah in the Middle East has been a major factor behind the rise in crude oil prices in the first half of October. Concerns that the conflict could expand into a regional war have raised fears of potential disruptions to oil supply and maritime routes, creating a risk premium that has driven prices higher. These geopolitical...
