For the Quarter Ending September 2023

North America:



In the third quarter of 2023, the performance of the North American Fumed Silica market, particularly in the United States, displayed a nuanced trajectory. The initial two months of the quarter witnessed a roughly 4% uptick in the product's price in the US market, primarily attributed to escalating labor costs and inflation affecting construction materials. This price surge surpassed the frequency observed in the previous… Continue

For the Quarter Ending September 2023

North America:



In the third quarter of 2023, the North American Petroleum Coke (Pet Coke) market, particularly in the United States, encountered a challenging period characterized by a 2.7% decline in the value of Pet Coke. This downturn was driven by a combination of factors that pushed the market into a bearish trend. Notably, the construction industry, a major consumer of Pet Coke, experienced sluggish demand, while the supply of Pet Coke… Continue

For the Quarter Ending September 2023

North America



In the third quarter of October 2023, the North American Epoxy Resin market demonstrated a volatile performance. In the United States, Epoxy Resin prices followed a fluctuating trajectory. Initially and in the final months of the quarter, prices experienced declines of approximately 1% and 5%, primarily attributed to reduced demand from the construction sector, which was grappling with challenges. However, despite these… Continue

For the Quarter Ending September 2023

North America:



In the third quarter of October 2023, the North American Epichlorohydrin (ECH) market displayed a varied trend. Initially, the price of ECH in the United States dropped by approximately 8% in the first months of the quarter. This decline was driven by the availability of cheaper imported products from overseas, impacting the global market and contributing to the overall downward price trend for ECH. Additionally, the low… Continue

For the Quarter Ending September 2023

North America



Stearic Acid prices experienced a slightly bullish trend in the third quarter of 2023, with an approximately 1% increase. The primary factor contributing to this price uptick was the escalating costs of the feedstock Palm Oil, which rose by around 2% in the Asian export market, a major source of Stearic Acid imports to North America. Demand from downstream sectors saw a marginal improvement, particularly in automotive sales… Continue

For the Quarter Ending September 2023







North America



Polyoxymethylene prices in the North American market experienced a slightly bearish trend, decreasing by 0.5% in the 3rd Quarter of 2023, despite a marginal 0.5% increase in feedstock Formaldehyde prices during the same period. Although the automotive industry sustained robust demand, reporting double-digit sales growth, most manufacturers cleared existing inventories, leading to lower consumption rates.… Continue

For the Quarter Ending September 2023



North America



The North American market experienced a downward trend in Chlorinated PVC prices during the third quarter of 2023, with the product's prices decreasing by over 10%. This occurred despite a nearly 10% increase in PVC feedstock prices and a 6% rise in Chlorine prices. Declining industrial activities, particularly in construction, due to higher interest rates, led to low demand in the downstream industrial sector. Mortgage… Continue

For the Quarter Ending September 2023

North America



In the third quarter of 2023, the North American market experienced a slightly bullish trend in BOPP Films prices, witnessing an increase of approximately 3.5%. This uptick was primarily driven by a surge in the costs of the raw material, Polypropylene, which escalated by over 2% in the region. The demand from the downstream packaging industry remained steady, but local purchasing sentiments were constrained due to the Federal… Continue

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…

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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…

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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,…

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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.…

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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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