North America Butadiene Prices Movement Q3:
Butadiene Prices in United States:
Product | Category | Price |
Butadiene | Elastomer | 1287 USD/MT |
In June 2024, butadiene prices in the United States reached 1287 USD/MT for Q2. In Q2 2024, butadiene prices in the U.S. rose significantly due to a combination of factors. Limited inventory and increased demand from construction-related industries created upward pricing pressure. Additionally, stronger feedstock butane prices contributed to bullish market sentiment. Supply constraints were exacerbated by tightened domestic manufacturing, reduced imports from Asia, and rising freight rates. Stricter emissions regulations further added to production costs, all of which drove the price of butadiene higher. These factors collectively resulted in a more challenging market environment, with prices climbing throughout the quarter.
Europe Butadiene Price Movement:
Product | Category | Price |
Butadiene | Elastomer | 1173 USD/MT |
In June 2024, the butadiene price trend in Germany for Q2 settled at 1173 USD/MT. In Q2 2024, butadiene prices in Germany remained firm due to limited supply and production issues at key facilities. Despite low demand, supply constraints were exacerbated by disruptions in local production, causing tighter availability. Additionally, rising import rates from Asia, driven by high freight costs and inflation, further strained the market. These challenges, particularly in the polymer and synthetic rubber sectors, led to increased costs and dampened overall demand, keeping prices elevated throughout the quarter.
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How IMARC Pricing Database Can Help
The latest IMARC Group study, “Butadiene Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Butadiene price trend, offering key insights into global Butadiene market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Butadiene demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
Explore Full Report Here: https://www.imarcgroup.com/butadiene-pricing-report
Key Features:
Key Attributes | Details |
Product Name | Butadiene |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Butadiene Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
Information Covered for Key Suppliers | · Company Overview · Business Description · Recent Trends and Developments |
Customization Scope | The report can be customized as per the requirements of the customer |
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