Ethylene Oxide Price in USA
- United States: 1398 USD/MT
During the Q2 of 2024, the ethylene oxide prices in the United States reached 1398 USD/MT in June.
The latest report by IMARC Group, titled "Ethylene Oxide Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition," provides a thorough examination of ethylene oxide prices. This report delves into the globally, presenting a detailed analysis, along with informative ethylene oxide price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Ethylene Oxide Prices Analysis:
- Japan: 873 USD/MT
- Germany: 1357 USD/MT
- Saudi Arabia: 1294 USD/MT
Report Offering:
- Monthly Updates: Annual Subscription
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- Biannually Updates: Annual Subscription
The study delves into the factors affecting ethylene oxide price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/ethylene-oxide-pricing-report/requestsample
Ethylene Oxide Price Trend- Last Quarter
The ethylene oxide market is primarily driven by its extensive use as a key raw material in the production of ethylene glycol, which is widely utilized in antifreeze, polyester fibers, and polyethylene terephthalate (PET) resins for packaging applications. The rising demand for PET packaging in the food and beverage industry is contributing to the growth of the ethylene oxide market.
Additionally, ethylene oxide plays a crucial role in the production of surfactants, which are used in a range of cleaning and personal care products, further boosting demand as the global consumer goods market expands. The healthcare industry is another significant driver, with ethylene oxide being used for sterilizing medical equipment and devices, a critical function that has seen increased demand in response to heightened healthcare needs worldwide.
Moreover, as the construction and automotive sectors grow, the demand for ethylene glycol in antifreeze and polyester production rises, supporting market expansion. Furthermore, technological advancements in production processes and the growing focus on sustainability in chemical manufacturing are further influencing the ethylene oxide market’s trajectory, encouraging innovation and efficiency.
Ethylene Oxide Industry Analysis
In the fourth quarter of 2023, ethylene oxide prices experienced fluctuations across key markets. In the U.S., prices surged in October due to tight material availability, supported by higher feedstock ethylene costs. However, in November and December, prices declined as demand from downstream industries, including ethoxylates and monoethylene glycol, weakened amid macroeconomic challenges and seasonal downturns. Despite supply constraints caused by the Dow Plaquemine plant outage and LyondellBasell’s plant closure, these factors had limited impact on pricing.
In Asia, the Japanese market followed a similar trend, with prices initially rising due to cost pressures from feedstock ethylene, only to decline later due to tepid demand and lower feedstock costs. In Europe, ethylene oxide prices increased in October due to material shortages and rising feedstock costs but eased toward the end of the quarter as demand weakened.
Meanwhile, the Saudi Arabian market also saw price increases early in the quarter, driven by higher ethylene costs, but prices fell later due to reduced demand and lower production costs. Overall, the global ethylene oxide market was shaped by fluctuating demand, supply constraints, and economic headwinds.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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