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Added by Winford on December 1, 2023 at 7:16am — No Comments
For the Quarter Ending September 2023
North America:
In the third quarter of 2023, Polyalphaolefin (PAO) prices in the North American market demonstrated relative stability, experiencing only minor fluctuations within a narrow price range. Although there was a slight decline in prices during the first and last months of the quarter, the second month saw an increase. This decrease is attributed to factors such as reduced demand from the lubricant sector, a global economic…
ContinueAdded by Ganesh Kumar on December 1, 2023 at 7:16am — No Comments
For the Quarter Ending September 2023
North America
In the third quarter of 2023, Neopentyl Glycol (NPG) prices in the North American market remained relatively stable, showing only minor fluctuations within a narrow range. Prices saw slight increases during the quarter, driven primarily by tight supply conditions and a global upturn in upstream crude oil prices. Despite this, the demand for NPG from the paints and coatings industry, a significant downstream sector, exhibited a…
ContinueAdded by Ganesh Kumar on December 1, 2023 at 7:16am — No Comments
For the Quarter Ending September 2023
North America:
In the third quarter ending September 2023, the Nitric Acid market in North America experienced a marginal fluctuation of 2.6%. Prices initially declined for the first two months due to reduced demand from the fertilizer industry, compounded by lower prices of key feedstocks such as Ammonia and Nitric Oxide. However, insights from US management revealed low inventory levels of Nitrogenous products at the start of the month,…
ContinueAdded by Ganesh Kumar on December 1, 2023 at 7:15am — No Comments
For the Quarter Ending September 2023
North America
During the third quarter, Glyoxylic Acid prices in the North American region experienced mixed sentiments. Although there was an initial increase in prices, a marginal decline of 1.2% occurred in August and September 2023. The rising cost of essential feedstock Nitric Acid, a key component of Glyoxylic Acid, along with tight supply and strong demand from domestic and international markets, exerted upward pressure on prices.…
ContinueAdded by Ganesh Kumar on December 1, 2023 at 7:15am — No Comments
Added by Mitul Hasan on December 1, 2023 at 7:15am — No Comments
For the Quarter Ending September 2023
North America
In the third quarter of 2023, the Vinyl Chloride Monomer (VCM) market in North America faced a significant price decline. This was driven by weakened international demand, an excess of stock, and a consistent decrease in offers during the initial half of the quarter. The sluggish overseas buying interest and subdued local market activity contributed to this trend. The decline in North American VCM prices was further aggravated…
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