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Ganesh Kumar's Blog (1,181)
Erucic Acid Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America
In the third quarter of 2023, Erucic Acid prices in the North American region experienced fluctuations driven by moderate demand and supply dynamics. Initially, prices held steady in the face of rising production costs attributed to elevated Rapeseed Oil prices. Mid-quarter, prices surged due to a strained global supply of Rapeseed Oil caused by reduced cultivation rates in Europe. Concurrently, logistics… Continue
Added by Ganesh Kumar on December 6, 2023 at 6:38am — No Comments
Styrene Copolymer Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America:
In the Styrene Copolymer market of the United States during the third quarter of 2023, there was a consistent upward trajectory in prices. At the onset of Q3, Styrene Copolymer underwent a significant price surge compared to the preceding month, primarily influenced by the escalating Feedstock Styrene market propelled by increasing crude oil prices. Positive economic indicators, such as diminishing recession concerns and… Continue
Added by Ganesh Kumar on December 6, 2023 at 5:46am — No Comments
Sodium Chlorite Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America:
In the United States Sodium Chlorite market during the third quarter of 2023, prices showed a mixed trajectory. The demand from both domestic and global disinfectant and textile industries remained moderate. Despite challenges such as port congestion due to a continuous influx of materials from manufacturing units, the market maintained a healthy balance between supply and demand. Buyers cautiously submitted lower… Continue
Added by Ganesh Kumar on December 6, 2023 at 4:52am — No Comments
Cold Rolled Coil Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America
In the third quarter of 2023, the Cold Rolled Coil market in the United States witnessed a decline in prices. Cold Rolled Coil prices experienced a modest 4% increase primarily due to higher mill offers; however, trading remained subdued during the 4th of July holiday. The extended holiday period, coupled with concerns about managing inventories in the summer slowdown, led to cautious steel purchases. The… Continue
Added by Ganesh Kumar on December 6, 2023 at 4:09am — No Comments
Aluminium Ingot Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America
During Q3 2023, the US spot market experienced notable fluctuations in Aluminum Ingot prices. The decline commenced in the first week of July, triggered by an upsurge in supply from China and subdued demand from US buyers. The resultant surplus inventory prompted cautious behavior among buyers, a trend that persisted throughout July, influencing global markets due to excessive supply from Chinese mills.… Continue
Added by Ganesh Kumar on December 6, 2023 at 3:35am — No Comments
Pentaerythritol (PENT) Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America
In the North American region, there was a bearish movement in Pentaerythritol prices, with a nearly 19% decline during Q3 2023. Initially, downstream ink manufacturers and food-thickening agent producers experienced sluggish offtakes and demand due to low consumption rates from end-user consumers amid rising inflation. The Federal Reserve Bank's decision to raise bank interest rates to curb inflation negatively impacted… Continue
Added by Ganesh Kumar on December 6, 2023 at 3:10am — No Comments
Glycol Ether Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America
In the third quarter of 2023, Glycol Ether prices experienced fluctuations in the North American region. Initially, producers lowered quotations due to a subdued demand for paint, influenced by sluggish activities in the construction sector. Concurrently, logistical challenges arose with prolonged shipping durations caused by disruptions in US shipping and freight routes, stemming from reduced water levels in the Mississippi… Continue
Added by Ganesh Kumar on December 6, 2023 at 2:19am — No Comments
Diisopropyl Ether Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America
In the third quarter of 2023, Diisopropyl Ether prices experienced a range of sentiments in the North American region. Initially, demand for paint thinners decreased due to sluggish activities in the construction sector. Concurrently, logistical challenges arose as US shipping and freight routes were impacted by declining water levels in the Mississippi and Ohio rivers, leading to delayed shipping activities through the Panama… Continue
Added by Ganesh Kumar on December 5, 2023 at 7:19am — No Comments
Dimethyl Amine Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America
During the third quarter of 2023, the Dimethylamine (DMA) market in the United States exhibited a general decline. Prices were subject to fluctuations throughout the quarter, with an initial dip observed at the onset of Q3. This drop was primarily attributed to shifting demand patterns in downstream sectors such as textiles and rubber, prompting market participants to exercise caution. The consistent influx of DMA material from… Continue
Added by Ganesh Kumar on December 5, 2023 at 6:11am — 1 Comment
Ulexite Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America
In the third quarter of 2023, the US spot market witnessed a substantial downturn in Ulexite prices. Persistent inflationary pressures subdued local demand, exacerbated by a slowdown in the construction industry due to disruptions caused by monsoons. Concurrently, a struggling housing sector amidst an economic downturn prompted a government-led interest rate hike. This economic backdrop led to a cautious approach from the paint… Continue
Added by Ganesh Kumar on December 5, 2023 at 5:05am — No Comments
Boron Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America:
Boron prices in the US spot market experienced a reduction in the third quarter, influenced by multiple factors. The US government's initiatives to enhance efficiency in boron mining, coupled with global demand growth in electronics, clean energy, aviation, and nuclear industries, contributed to the overall price increase. Local mills responded to heightened buyer interest, especially during winter disruptions in mining… Continue
Added by Ganesh Kumar on December 5, 2023 at 4:31am — No Comments
Barite Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America
In the third quarter, barite prices in the US spot market experienced a reduction due to various factors. The US government's initiatives to enhance efficiency in barite mining, coupled with global demand growth in electronics, clean energy, aviation, and nuclear industries, resulted in price increases. Local mills responded to heightened buyer interest, especially during winter disruptions to mining operations, by raising bid… Continue
Added by Ganesh Kumar on December 5, 2023 at 4:02am — No Comments
Triethylamine Prices: Trend, Pricing, News, Market Analysis | ChemAnalyst
North America
In the third quarter of 2023, the price trajectory of Triethylamine witnessed a decline compared to the preceding quarter, reaching USD 2423/MT (FOB-Texas) in September 2023. July saw a dip in prices as the supply chain situation was deemed sufficiently moderate to meet downstream demand from the Textile industry. Triethylamine trades from the USA to the North American market decreased, primarily occurring on a need-to basis.… Continue
Added by Ganesh Kumar on December 5, 2023 at 2:20am — No Comments
Fumed Silica Prices: Pricing, Trend, News, Analysis | ChemAnalyst
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
Added by Ganesh Kumar on December 5, 2023 at 2:06am — No Comments
Petroleum Coke (Pet Coke) Prices: Trend, Pricing, News, Analysis | ChemAnalyst
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
Added by Ganesh Kumar on December 4, 2023 at 7:12am — No Comments
Epoxy Resin Prices: Trend, Pricing, News, Analysis | ChemAnalyst
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
Added by Ganesh Kumar on December 4, 2023 at 6:25am — No Comments
Epichlorohydrin Prices: Trend, Pricing, News, Analysis | ChemAnalyst
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
Added by Ganesh Kumar on December 4, 2023 at 5:47am — No Comments
Stearic Acid Prices: Trend, Pricing, News, Analysis | ChemAnalyst
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
Added by Ganesh Kumar on December 4, 2023 at 5:24am — No Comments
Polyoxymethylene (POM) Prices: Trend, Pricing, Analysis | ChemAnalyst
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
Added by Ganesh Kumar on December 4, 2023 at 4:42am — No Comments
Chlorinated Polyvinyl Chloride (CPVC) Prices: Trend, Pricing, Analysis | ChemAnalyst
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
Added by Ganesh Kumar on December 4, 2023 at 4:05am — No Comments
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