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Ganesh Kumar's Blog (1,181)
Agar Agar Prices: Trend, Price, Pricing, News, Analysis | ChemAnalyst
North America
In the third quarter, Agar Agar prices in the USA market exhibited a varied trajectory. July witnessed a decline in prices attributed to reduced sales and new order inquiries from end-user industries. Government data on inflation indicated a 3.2% increase in consumer prices in July over June, following a 3% annual growth rate in June—its lowest in over two years. In response to inflation, the Federal Reserve raised… Continue
Added by Ganesh Kumar on December 15, 2023 at 3:53am — No Comments
Wheat Prices: Trend, Price, Pricing, News, Analysis | ChemAnalyst
North America:
In the third quarter of 2023, the North American region, especially Canada, witnessed a noteworthy decline in wheat prices. This downward trend was primarily attributed to favorable growing conditions and a productive harvesting season in Canada throughout July. The abundance of major field crops resulted in a substantial increase in exports and a significant rise in domestic stockpiles. Although year-end… Continue
Added by Ganesh Kumar on December 15, 2023 at 3:23am — No Comments
Isopropyl Alcohol (IPA) Prices: Trend, Price, Pricing, News, Analysis | ChemAnalyst
North America:
During the third quarter of 2023, the Isopropyl Alcohol (IPA) market in North America witnessed fluctuations in pricing trends. Initially, prices saw a decline, followed by stabilization in August before experiencing another dip by the end of September 2023. July witnessed a consistent drop in prices due to oversupply and reduced imports from major exporting countries like South Korea and Canada, both key IPA… Continue
Added by Ganesh Kumar on December 15, 2023 at 2:02am — No Comments
CoQ10 Prices: Trend, Price, Pricing, News, Analysis | ChemAnalyst
North America
In the third quarter of 2023, CoQ-10 prices in North America, particularly the United States, exhibited a continual decrease but showed a modest upturn towards the quarter's end. The initial half of Q3 witnessed a significant drop in CoQ-10 prices across the United States due to reduced local interest and a slowdown in trade momentum. This decline was influenced by both diminished buyer interest and an overall… Continue
Added by Ganesh Kumar on December 15, 2023 at 1:32am — No Comments
Acetonitrile Prices: Trend, Pricing, News, Analysis | ChemAnalyst
North America
The Acetonitrile market in North America experienced significant fluctuations during the third quarter of 2023. Initially, prices rose but took a notable downturn as mid-Q3 approached, continuing on a downward trajectory until the end of September. Despite ongoing economic challenges in the United States and global inflation, stable pricing in the US Acetonitrile market was maintained in July, thanks to consistent… Continue
Added by Ganesh Kumar on December 14, 2023 at 6:51am — No Comments
n-Propanol Prices: Trend, Pricing, News, Analysis | ChemAnalyst
North America
In the third quarter of 2023, the prices of n-Propanol in North America underwent significant fluctuations. Initially, producers reduced quotations due to a decrease in demand from end-user industries, which were grappling with sluggish activities in the downstream sectors. Concurrently, logistical challenges arose from disruptions in U.S. shipping and freight routes, stemming from declining water levels in the… Continue
Added by Ganesh Kumar on December 14, 2023 at 5:59am — No Comments
Alkyl Amine Prices: Trend, Pricing, News, Analysis | ChemAnalyst
North America:
In the third quarter of 2023, Alkyl Amine prices in North America experienced a significant decline. This was attributed to reduced operating rates for the product, driven by ample inventories in storage units to prevent product oversupply. The downstream coating and R&D sectors witnessed a decrease in demand, leading to a decline in the uptake of existing inventories by end-users. Consequently, suppliers… Continue
Added by Ganesh Kumar on December 14, 2023 at 5:29am — No Comments
Magnesium Sulphate Prices: Trend, Pricing, News, Analysis | ChemAnalyst
North America
Magnesium Sulphate prices in North America exhibited fluctuating movements, experiencing a nearly 12% increase during the third quarter of 2023. At the quarter's onset, prices surged due to heightened demand for Magnesium Fertilizer from the Horticulture sector, aiming to enhance cultivation rates amidst the global food inflation upswing and decreased importation of Russian fertilizers. Mid-quarter, prices saw… Continue
Added by Ganesh Kumar on December 14, 2023 at 4:39am — No Comments
Pyridine Prices: Trend, Pricing, News, Analysis | ChemAnalyst
North America
In the third quarter of 2023, the trading landscape for Pyridine in the United States experienced a bearish trend, primarily driven by suppliers hesitating to engage in bulk purchases due to ample inventory levels. In July 2023, the price of Pyridine in the US plummeted to USD 3180 per ton FOB Louisiana. The Pyridine market in the region continued to be affected by sluggish trade dynamics and lackluster market… Continue
Added by Ganesh Kumar on December 14, 2023 at 2:21am — No Comments
Iso Butyric Acid Prices: Trend, Pricing, News, Analysis | ChemAnalyst
North America
In the third quarter of 2023, the Iso-Butyric Acid market in the USA experienced a decline in its fundamentals over consecutive months, mainly attributed to sluggish purchases and weak market conditions. The consumption of Iso-Butyric acid in the United States decreased, contributing to lackluster demand for new stocks and providing fragile support to the price trend. Exports of premium Iso-Butyric Acid cargo to the… Continue
Added by Ganesh Kumar on December 14, 2023 at 1:56am — No Comments
Stainless Steel Round Bar Prices: Trend, Pricing, News, Analysis | ChemAnalyst
North America:
In Q3, stainless steel round bar prices in North America initially surged, primarily attributed to increased nickel costs and heightened activity in the automotive and construction sectors. In response to inflation, US factories raised their base prices. The automotive industry reaped benefits from Tesla's success and electric vehicle tax cuts, while construction projects fueled additional demand. However, a… Continue
Added by Ganesh Kumar on December 14, 2023 at 1:24am — No Comments
Stainless Steel HR Coil Prices: Trend, Pricing, News, Analysis | ChemAnalyst
North America
In the third quarter, the US market for hot-rolled stainless steel coils experienced a downturn in prices, attributed to various factors. Local inventories surged, and increased availability of feedstock contributed to the overall price decline. Reduced prices of raw iron ore, stemming from expanded output in Australia and Indonesia, coupled with lower costs of coking coal and fuel, further fueled the downward… Continue
Added by Ganesh Kumar on December 13, 2023 at 2:16am — No Comments
Silicone Rubber Prices: Trend, Pricing, News, Analysis | ChemAnalyst
North America:
In the third quarter of 2023, the North American silicone rubber market experienced a mix of sentiments in pricing trends. July witnessed a notable surge, driven by increased demand sentiments in the US market, particularly in response to a more than 20% rise in vehicle sales in June. Western Europe also contributed to the surge with a 19.6% increase in sales during the same period. Consequently, silicone rubber… Continue
Added by Ganesh Kumar on December 13, 2023 at 1:00am — No Comments
Neoprene Rubber Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America
In the third quarter of 2023, Neoprene Rubber prices in the North American market displayed a mixed trend. After witnessing a notable surge in July and August, prices experienced a subsequent decline in the following month. The initial increase in Neoprene Rubber prices in the US market during the early months of the quarter was driven by robust demand, propelled by a substantial uptick in vehicle sales. The US… Continue
Added by Ganesh Kumar on December 12, 2023 at 7:00am — No Comments
Ethylene Acrylic Elastomer (AEM) Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America:
During the third quarter, Ethylene Acrylic Elastomer (AEM) prices in North America experienced a significant drop in July, driven by reduced upstream costs as Ethylene and Acrylic Acid prices slumped. Despite the automotive industry's robust growth, particularly with domestic sales rising by over 20% in June and over 17% in Europe, the USA market witnessed a decline in AEM prices. The manufacturing sector in… Continue
Added by Ganesh Kumar on December 12, 2023 at 6:31am — No Comments
Methyl Isobutyl Ketone (MIBK) Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America
In the third quarter of 2023, the Methyl Isobutyl Ketone (MIBK) market in North America experienced a sluggish price trend, influenced by deteriorating market fundamentals and low inventory levels among major enterprises. The decline in MIBK prices was attributed to a bearish market trading scenario in the USA, leading to discounts from key suppliers due to increased output and reduced demand from downstream… Continue
Added by Ganesh Kumar on December 12, 2023 at 6:11am — No Comments
Methyl N-Amyl Ketone (MAK) Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America:
The Methyl N-Amyl Ketone (MAK) market in North America experienced continued sluggishness in market fundamentals and a persistently slow price trend in the current quarter. The United States saw a decline in MAK prices, attributed to bearish trading activity and a generally slow market environment. Participants in the market were actively working to replenish their stocks in anticipation of a seasonal… Continue
Added by Ganesh Kumar on December 12, 2023 at 5:20am — No Comments
Hydrogen Peroxide Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America
In the United States market, the domestically traded price of Hydrogen peroxide remained consistently low throughout the entire third quarter of 2023, with an overall decrease of approximately 10% over the quarter. The United States experienced a mild decline in demand, attributed not only to the textile sector but also to the rubber industry. These combined factors created a situation of moderate demand,… Continue
Added by Ganesh Kumar on December 12, 2023 at 5:07am — No Comments
Isobutylene Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America:
In the North American region, Isobutylene prices experienced a notable surge, rising by 10% in Q3 of 2023 amid a balanced but moderate interplay of demand and supply dynamics. Initially, producers kept operational rates relatively low due to heightened feedstock prices and an increase in interest rates by the Federal Reserve Bank, impacting market supply. Midway through the quarter, prices remained firm as supply… Continue
Added by Ganesh Kumar on December 12, 2023 at 4:43am — No Comments
Polyacrylamide Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America:
In the US market, Polyacrylamide (PAM) demonstrated mixed sentiments in the third quarter of 2023. Throughout Q3, the overall market fundamentals exhibited a slight decrease of approximately 1.6% in PAM prices. The initial month of Q3 saw price stability following a prior increase. Enhanced oil recovery (EOR) sector demand increased, but weak demand from downstream industries like paint and disinfectant hindered… Continue
Added by Ganesh Kumar on December 11, 2023 at 7:36am — No Comments
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