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Ganesh Kumar's Blog – September 2023 Archive (60)
Sodium Chlorite Prices, Pricing and Demand | ChemAnalyst
North America:
In the second quarter of 2023, the market for Sodium Chlorite in North America experienced subdued market conditions. The initial part of Q2 witnessed a significant decline in momentum, followed by a slower rate of decrement in the last two months. Market sentiments fluctuated, influenced by various factors impacting demand and supply dynamics. Diminished consumption from downstream textile and paper industries led market… Continue
Added by Ganesh Kumar on September 21, 2023 at 3:02am — No Comments
Benzaldehyde Prices, Demand, Pricing & Supply Analysis | ChemAnalyst
North America:
Benzaldehyde prices in the North American region exhibited a fluctuating pattern, with an increase in April followed by a steady decline thereafter. The prices of benzaldehyde increased in the North American market in April due to improving market trends and higher import prices. Furthermore, the escalating costs of raw material toluene impacted the domestic production costs, thereby affecting the domestic market price of… Continue
Added by Ganesh Kumar on September 21, 2023 at 2:44am — No Comments
Beta Naphthol Prices | Demand, Pricing & Supply Analysis | ChemAnalyst
North America:
In the North American region, the trend observed in the Beta Naphthol market displayed an upward trajectory in the initial month of the second quarter of 2023, followed by a consistent downturn in the subsequent months. The product experienced an ongoing surge in demand during April, which consequently triggered an increase in prices. The price escalation can be attributed to a temporary supply shortage, which presented a decisive… Continue
Added by Ganesh Kumar on September 21, 2023 at 2:24am — No Comments
Alkyl Amine Prices: During the second quarter of 2023 | ChemAnalyst
North America:
Market reports indicate that the price of Alkyl Amine remained relatively weak in the North American region during the second quarter of 2023. Several factors can contribute to potential fluctuations in the pricing of Alkyl Amine in the United States market. Global economic conditions may play a significant role in determining pricing trends, particularly if there are unexpected developments, such as trade disputes between major… Continue
Added by Ganesh Kumar on September 20, 2023 at 4:25am — No Comments
Sodium Gluconate Prices Trend in the second quarter of 2023 | ChemAnalyst
North America:
In the second quarter of 2023, the US Sodium Gluconate market witnessed an overall decline in prices, despite an initial price increase observed in April. During the first month of the quarter, Sodium Gluconate prices in the US rose, driven by local mills maintaining high base prices, which positively influenced the market sentiment for both domestic and overseas buyers. Reduced delivery times also contributed to a decrease… Continue
Added by Ganesh Kumar on September 20, 2023 at 2:42am — No Comments
Copper Sulphate Prices: In the second quarter of 2023 | ChemAnalyst
North America:
In the US market, Copper Sulphate faced weakened market sentiments primarily due to decreased consumption from the downstream agrochemical industries. Additionally, the cost support from Sulphuric Acid, a key upstream component, proved insufficient as its prices remained at lower levels due to sluggish procurement from end-use industries. The late Q1 collapse of Silicon Valley Bank followed by Signature Bank raised concerns… Continue
Added by Ganesh Kumar on September 20, 2023 at 2:21am — No Comments
Sodium Bromide Prices: During the second quarter of 2023 | ChemAnalyst
For the Quarter Ending June 2023
North America:
In Q2 2023, the Sodium Bromide market in the United States experienced a bearish trend, with prices consistently declining for a significant portion of the quarter. This trend continued into June, reflecting the prevailing market sentiment. Several factors contributed to the price decline, including reduced demand from downstream industries and increased imports of competitively priced goods. Industries relying on Sodium Bromide,…
ContinueAdded by Ganesh Kumar on September 20, 2023 at 1:54am — No Comments
Benzoyl Chloride Prices: During the second quarter of 2023 | ChemAnalyst
North America:
Throughout the second quarter, the prices in the North American region experienced a continuous decline, primarily due to weak demand from downstream industries such as agriculture, pharmaceuticals, dyes, paints, and resins. Market participants also reported rising inventories, compounding the downward pressure on prices. The drop in crude oil prices from early April to June contributed to reduced production costs of benzoyl… Continue
Added by Ganesh Kumar on September 19, 2023 at 5:42am — No Comments
Potassium Chloride Prices Trend in the second quarter of 2023 | ChemAnalyst
North America:
Potassium Chloride witnessed a bearish trend throughout the second quarter of 2023 in North America. In Canada, this decline was primarily attributed to weak market sentiments in the international arena, compounded by an abundant supply of potassium chloride. Discounts offered by Russia and Belarus to Asian, African, and South American countries significantly impacted global market prices. This price decrease was partly a… Continue
Added by Ganesh Kumar on September 19, 2023 at 3:06am — No Comments
Calcium Chloride Prices: In the second quarter of 2023 | ChemAnalyst
North America:
During the second quarter of 2023, the calcium chloride market in the United States exhibited mixed sentiments. In the early weeks of April, calcium chloride prices saw a 2.1% increase, primarily driven by a rise in crude oil prices, which moved from USD 74 to 79 within the first week of April. Furthermore, increased demand emerged from the downstream construction industry, as Limestone prices also surged by 2%. Adequate… Continue
Added by Ganesh Kumar on September 19, 2023 at 2:48am — No Comments
Magnesium Powder Prices: During the second quarter of 2023 | ChemAnalyst
For the Quarter Ending June 2023
North America:
The pricing dynamics of Magnesium Powder in the United States exhibited contrasting trends for its two grades, Magnesian Oxide and Magnesium Stearate, throughout the second quarter of 2023. When considering Magnesium Oxide, prices followed an upward trajectory until April, but saw significant declines in May and June. Several factors contributed to this price volatility, including fluctuating upstream Magnesium costs and varying…
ContinueAdded by Ganesh Kumar on September 19, 2023 at 2:30am — 1 Comment
Metoprolol Succinate Prices Trend in the second quarter of 2023 | ChemAnalyst
North America:
Metoprolol succinate prices in the United States exhibited a mixed trend during the second quarter. In May, prices experienced a modest increase of 0.61% due to heightened end-user demand and concurrent inventory replenishment activities, creating a favorable market environment. However, the manufacturing PMI (Purchasing Managers Index) dipped to 48.4 in May, signaling a slowdown in the US manufacturing sector, which led to… Continue
Added by Ganesh Kumar on September 18, 2023 at 8:06am — No Comments
Metoclopramide HCL Prices Trend in the second quarter of 2023 | ChemAnalyst
North America:
Metoclopramide hydrochloride prices in the United States displayed a mixed trend during the second quarter of 2023. In May, prices recorded a slight increase of 1.18%, driven by heightened demand from end-users and inventory replenishment activities. Fresh stock influx contributed to a bullish market scenario. However, the Manufacturing PMI (Purchasing Managers' Index) for May, registering at 48.4, signaled a slowdown in the… Continue
Added by Ganesh Kumar on September 18, 2023 at 7:10am — No Comments
Methionine Prices Trend in the second quarter of 2023 | ChemAnalyst
North America:
In the United States, Methionine prices experienced a decline of 16.57% for food-grade and 0.83% for feed-grade variants from April onwards, signaling a persistent weakness throughout the second quarter. This downtrend can be attributed to amplified supply levels and diminished demand, both domestically and internationally. The Purchasing Managers' Index (PMI) for June, which registered at 46.3 compared to the outset of the… Continue
Added by Ganesh Kumar on September 15, 2023 at 7:29am — No Comments
Vitamin B4 (Choline Chloride) Prices: During the second quarter of 2023 | ChemAnalyst
North America:
In the second quarter of 2023, the domestic Vitamin B4 (Choline Chloride 60%) market in North America experienced a significant price decline. Price negotiations on a CFR Los Angeles basis witnessed a substantial drop, plummeting from $830 per tonne in April to $780 per tonne by June 2023. This marked a notable -6% decline over the course of the quarter. Within the United States, demand for Vitamin B4 (Choline Chloride 60%)… Continue
Added by Ganesh Kumar on September 15, 2023 at 6:48am — No Comments
Vitamin B1 (Thiamine) Prices during the second quarter of 2023 | ChemAnalyst
North America:
Following a period of turmoil, economic conditions in the United States appeared to have improved during the second quarter of 2023. Within North America, the domestic Vitamin B1 (Thiamine) Mononitrate market exhibited price stability throughout the quarter. Demand for Vitamin B1 (D-Calpan) from pharmaceutical and nutraceutical industries in the US experienced a slight weakening in the latter part of Q2. Another contributing… Continue
Added by Ganesh Kumar on September 15, 2023 at 6:02am — No Comments
Zinc Prices chart during the second quarter of 2023 | ChemAnalyst
North America:
The Zinc Powder market in North America exhibited a stagnant price trend during the second quarter of 2023. Between April and June, CFR California prices experienced a modest decline, slipping from $4280 per metric tonne to $4250 per metric tonne, marking a -0.7% decrease over the quarter. The United States market commenced the second quarter on a positive note as the economy improved, highlighted by a nearly 5% drop in… Continue
Added by Ganesh Kumar on September 14, 2023 at 8:41am — 15 Comments
Glucosamine Prices: During the second quarter of 2023 | ChemAnalyst
North America:
The Glucosamine market in North America exhibited an unfavorable price trend during the second quarter of 2023. From April to June, FOB New Jersey prices experienced a modest decline, falling from $9350 per tonne to $9300 per tonne, representing a quarter-over-quarter decrease of -0.53%. The lower demand for Glucosamine in the United States was primarily driven by ample stockpiles held by downstream nutraceutical… Continue
Added by Ganesh Kumar on September 14, 2023 at 8:18am — No Comments
Peanut Oil (Groundnut Oil) Prices Trend in the second quarter of 2023 | ChemAnalyst
North America:
During the second quarter of 2023, Peanut Oil (Groundnut Oil) prices in North America closely mirrored the market trends observed in Europe. Prices of Peanut Oil continued their descent from the beginning of Q2 until June 2023. This prolonged bearish market sentiment for Peanut Oil was driven by elevated inventories of Peanut Oil in the region and abundant supply among domestic merchants. Additionally, reduced trade… Continue
Added by Ganesh Kumar on September 14, 2023 at 6:49am — No Comments
Isopropyl Alcohol (IPA) Prices: During the second quarter of 2023 | ChemAnalyst
For the Quarter Ending June 2023
North America:
In the second quarter of 2023, Isopropyl Alcohol (IPA) prices in North America, particularly the USA, experienced a descending pricing trend. The early part of the quarter, up to the end of April, saw IPA prices tracking the previous month's trajectory due to a consistent increase in domestic demand from pharmaceutical, chemical, and preservative sectors. This surge in consumer demand, steady trade activities supporting continuous…
ContinueAdded by Ganesh Kumar on September 14, 2023 at 6:08am — No Comments
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