Might be a bit niche but does anyone here know much about the petchem trading industry? Like who the main players for BTX aromatics and methanol/ammonia? I can gather that on the ammonia side Trammo and Ameropa are big, and that Methanex is the world's largest methanol producer/distributor, but apart from that it seems like a very opaque trading community.
Was reading about the vol in benzene and it looks pretty interesting. Anyone have some color? Can PM too.
You are correct it is an incredibly opaque market. I would also include potash corp (nutrien). Not the biggest players in those spaces, but my understanding is they are making further inroads in the ammonia space. Side Note: I am just an intern but I was working in the Ag Space, so maybe I can be slightly useful
Mainly traded by likes of BASF, Sinopec, BP, Shell, Aramco, ExxonMobil, etc for products like benzene, toulene, butadiene , xylene, methane, butane, ammonia, sulfuric acid, plus other aromatics, paraffins, and olefins.
I used to work for one of the companies in the mid to downstream side of things in traffic dept. I've seen some historic trades with Vitol, Trafi, Glencore, Gunvor but not sure if it's huge desk for petrochems at those shops.
There's quite a lot of products that seem to have very opaque trading communities like petrochem such as rare earths, cement, logs, waste materials, plastics and resins, and many minerals that are not quite known out of the typical oil, metals, energy, and softs realm.
I would add Chemical independents such as Ineos.
For refinery groups and to a lesser extent at trade shops dealing petchems would make sense as a complimentary product to trade around the all important crude and refined product markets. @UnfinishedSentenc any insight into how well third party groups focused on petchems like vinmar, univar, etc. do or if they are just fighting for scraps left over by the refineries and big chemical plants?
On a person by person basis, are traders at the oil majors just the gasoline traders who are also buying petchems as necessary to blend or is there specialization?
Seconding what UnfinishedSentenc has said.
Also firms with major blending desks trade very specific petchem components depending on their blend recepie.
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