Ganesh Kumar's Blog (1,181)

Barite Prices Trend in the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



In the second quarter of 2023, the price of Barite experienced a decline in the USA. This decline was attributed to a combination of factors, including the deteriorating economic conditions, a rising inflation rate, and a debt crisis. The downfall of major banks across the USA further exacerbated the debt crisis, negatively impacting the Barite market. Concurrently, the ongoing trade war between the USA and China disrupted… Continue

Added by Ganesh Kumar on August 17, 2023 at 7:00am — No Comments

Germanium Prices Trend in the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



During the second quarter of 2023, the price of Germanium in the United States experienced a decline. This can be attributed to a combination of factors, including worsening economic conditions and a slowdown in the downstream automotive and semiconductor industries. In June, a series of bank failures across the nation led the US government into an economic downturn, triggering a debt crisis. Rapid inflation followed suit,… Continue

Added by Ganesh Kumar on August 11, 2023 at 4:56am — No Comments

Boron Prices Trend in the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



In the second quarter of 2023, the price of Boron in the USA has experienced a decline due to the weakening economic conditions in the US spot market following the collapse of major banks in the country. The increasing inflation rate has prompted buyers to postpone placing substantial orders both domestically and from international markets. Local inventory levels have remained elevated as overseas mines in Asian and South… Continue

Added by Ganesh Kumar on August 11, 2023 at 2:49am — No Comments

Natural Rubber (TSR) Prices: During the second quarter of 2023

For the Quarter Ending June 2023



North America



In the second quarter of 2023, the North American natural rubber market witnessed a consistent decline in prices. Despite the thriving downstream automotive and tire industry, which experienced a remarkable 20% surge in vehicle sales in June, the prices of natural rubber continued their descent. North America predominantly relies on imports, with major exporters like Malaysia and Thailand driving the market. During the first… Continue

Added by Ganesh Kumar on August 11, 2023 at 2:20am — No Comments

Ofloxacin Prices: Throughout the entire second quarter of 2023

For the Quarter Ending June 2023



North America



Within the North American region, Ofloxacin prices display a varied trajectory throughout the second quarter of 2023. The quarter commences in alignment with the previous month's market trend, showing a steady rise in inquiries from the domestic pharmaceutical and healthcare sector. However, May witnesses a 2% price decline compared to the prior month. This reduction can be attributed to a combination of decreased demand,… Continue

Added by Ganesh Kumar on August 10, 2023 at 6:39am — No Comments

Potassium Sorbate Prices Trend throughout the second quarter of 2023

For the Quarter Ending June 2023

North America



In the North American region, the pricing trends for Potassium Sorbate closely mirror those observed in the APAC region. Over the entirety of the second quarter, Potassium Sorbate costs saw a consistent decline of over 11% on average across North America. The fluctuating Sorbic Acid market and dwindling demand from downstream sectors like food and personal care contributed to the downward price trajectory until June's conclusion.… Continue

Added by Ganesh Kumar on August 10, 2023 at 6:02am — No Comments

Paracetamol Prices: In the second Quarter of 2023

For the Quarter Ending June 2023



North America



During the second quarter of 2023, the Paracetamol market in North America experienced notable shifts due to fluctuating dynamics between supply and demand. This resulted in a significant decline in Paracetamol prices within the US market for this period. Lower uptake in end-user industries led to an accumulation of Paracetamol in domestic warehouses, exerting downward pressure on prices. The recent decrease in prices of raw… Continue

Added by Ganesh Kumar on August 10, 2023 at 5:08am — No Comments

Prices of Dimethylformamide: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



In the US market, the market basics of Dimethylformamide (DMF) stayed at their lower end during the whole second quarter of 2023. Toward the start of Q2, sharp declining energy was noticed, yet somewhat recently of Q2, decrement happened at a more slow rate. The market feelings vacillated in view of different variables affecting interest and supply elements. In the US market, the cost of Dimethylformamide in June declined by… Continue

Added by Ganesh Kumar on August 9, 2023 at 5:17am — No Comments

Ethylene Acrylic Elastomer Price: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



For the Quarter ending June 2023, Ethylene Acrylic Elastomer (AEM) prices showed a consistent increase in the USA market, driven by the strong market performance of the automotive industry. Concerns about the impact of rising interest rates on consumer spending remained high, but recent data suggests that consumers were comfortable spending large sums of money. The automotive industry faced acute semiconductor shortages in the… Continue

Added by Ganesh Kumar on August 9, 2023 at 4:35am — No Comments

Hexamethylene Diisocyanate (HDI) Prices: In the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



The Hexamethylene Diisocyanate prices slumped in the North American region during the Quarter 2 of 2023. The offtakes remained sluggish from the downstream Polyurethane industries due to weak activities in the construction sector during Q2 of 2023. Simultaneously, the demand was low, but due to the rising recession and layoff practices, producers and traders increased restocking practices amid increased labor costs. Meanwhile,… Continue

Added by Ganesh Kumar on August 9, 2023 at 3:17am — No Comments

Prices of R-PET: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



In the second quarter of 2023, the Reused polyethylene terephthalate R-PET costs showed an in general declining cost pattern in the midst of questionable monetary circumstances combined with the increasing expansion rate. In April, the Price of R-PET showed a lessening in value because of low interest from the major related downstream bundling and plastic businesses in the midst of surplus accessibility of material. Moreover,… Continue

Added by Ganesh Kumar on August 8, 2023 at 7:33am — No Comments

Dimethylacetamide Prices: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



In the US market, the price of Dimethylacetamide experienced a mixed trend during the second quarter of 2023. The market sentiments fluctuated based on various factors impacting demand and supply dynamics. At the beginning of the quarter, the Dimethylacetamide market witnessed a surge in price trends. This growth can be attributed to the surge in demand for Dimethylacetamide from the Solvent and Adhesive sectors. Additionally,… Continue

Added by Ganesh Kumar on August 8, 2023 at 5:10am — No Comments

Prices of Chloroform: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



In Q2 2023, the demand fundamentals of Chloroform in the North American market plunged with sluggish market fundamentals. In the USA, the surge in export volume from the USA to Mexico and the South American market in the past few months to cope with the tightening arbitrage supplies resulted in adequate product availability. There was less spot cargo demand, and the manufacturer mainly executed the pre-contract orders. In… Continue

Added by Ganesh Kumar on August 8, 2023 at 4:47am — No Comments

Methanol Prices: In the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



When compared with the previous quarter, the market fundamentals of Methanol in North America plunged in the wake of higher lower production costs and limited demand from the downstream ventures. In June 2023, the price of Methanol in the USA declined to USD 536/ton DEL Louisiana. Due to lackluster demand, high inventory levels, and a persistent pushback against shipments from the United States to the South American market,… Continue

Added by Ganesh Kumar on August 7, 2023 at 5:57am — No Comments

Neoprene Rubber Prices: In the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



The Neoprene Rubber prices showcased mixed market momentum during the 2nd quarter of the year. In April, the Neoprene Rubber prices plunged drastically, only to make a recovery in May, followed by a consistent rise in June. The market sentiment of Neoprene Rubber improved in the second half of the quarter on the back of an uptick in sales in the automotive industry. Concerns remained high about whether rising interest rates… Continue

Added by Ganesh Kumar on August 7, 2023 at 5:22am — No Comments

n-Hexane Prices: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



The n-hexane prices in the second quarter of 2023 showed mixed trends with the overall bearish outlook in the American markets owing to the sentiments related to the crude oil market. The value per unit quantity(USD/ton) exported from American ports fluctuated, showing mixed trends with a variation of USD 1.5220659 per ton to USD 1.4940663 per ton from April to June noted at the American ports, which is further expected to… Continue

Added by Ganesh Kumar on August 7, 2023 at 4:35am — No Comments

Acetic Acid prices: During the second quarter of 2023

For the Quarter Ending June 2023



North America



The prices of Acetic Acid have shown a sharp decline at the beginning of the quarter and then prices have declined with slower rate during the second half of Q2. This was mostly due to economic uncertainty amid high inflation and rising interest rate to control inflation which led to a decrement in demand from the downstream industries like VAM, Acetate, and Anhydride. Additionally, the plants were operating at slower rates… Continue

Added by Ganesh Kumar on August 4, 2023 at 5:00am — No Comments

n-Butanol Prices: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023





North America



During the second quarter, the overall n-butanol market in the US remained weak as compared to the first quarter, which was influenced by the lower demand for the feedstock propylene market. The n-butanol market continued to follow the increasing trend till April amid tight supply. As per the data, the Industrial Production Total Index rose from 102.6 (March) to 103.1 (April), causing economic activities to improve. At… Continue

Added by Ganesh Kumar on August 4, 2023 at 3:08am — No Comments

Iso Butanol Prices: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



During the subsequent quarter, the Iso-butanol market in the US stayed frail. A critical drop in the Iso-butanol evaluating pattern was seen during April in the midst of reducing interest from downstream covering enterprises in the US. According to the information, the Modern Creation All out Record tumbled from 103.1 (April) to 103 (May), making exchanging exercises be low. After expanded requests for premium freight products… Continue

Added by Ganesh Kumar on August 4, 2023 at 2:38am — No Comments

Base Oil Prices: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



During the second quarter, the overall base oil market in the US contracted as compared to the first quarter, which was influenced by the higher interest rates. A downtrend of base oil prices in the US has been observed for another quarter due to the persistent rise in interest rates accounted by the FED has negatively affected overall demand. As per the data, the Industrial Production Total Index for the US fell from 103.1… Continue

Added by Ganesh Kumar on August 2, 2023 at 6:23am — No Comments

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