According to attendees at the annual European Petrochemical Association (EPCA) conference in Berlin, Germany held during 22-25 September, consumption for polyols and isocyanates for the rest of 2025 is not expected to recover with similar expectations going forward.

In this episode, European markets editor Zubair Adam for isocyanates and polyols and Rob Peacock, ICIS lead analyst, discuss sentiments captured during the conference.

FORECASTING UPDATE: Starting September 2025, ICIS will begin releasing its polyols and isocyanates 18-month forward price forecasts twice a month. Each market will be fully updated once a month, with a second update comprising revised price forecast charts plus a brief discussion highlighting market changes.

European Group I base oils volumes have been locked in a downwards trend as a domestic oversupply build up in inventories over the summer while export volumes continue to see some tightness especially on heavier grades. Is Exxon Mobil's newly opened Singapore plant expansion the answer to that supply gap? And how are flows expected to change?

Sophie Udubasceanu, Sam Wright and Michael Connolly discuss what to expected this winter for European base oils and lubricants.

BERLIN (ICIS)--In a special podcast recorded on the sidelines of European Petrochemical Association (EPCA) event in Berlin, Insight Editor Tom Brown talks to Europe News Editor Morgan Condon and Market Development Director John Richardson about sentiment on the sidelines of this year’s meeting.