North America Petroleum Resins Prices Movement Q2
Petroleum Resins Prices in USA:
Product | Category | Price |
Petroleum Resins
| Polymer & Resin |
|
The price chart for Petroleum Resins in the United States showed an increase, reaching $1,588 per metric ton in June 2024. This rise was mainly due to high demand from the rapidly growing construction sector, along with disruptions in supply chains and higher costs for imports. Additionally, government-led infrastructure projects and seasonal increases in construction activity helped drive up the prices further. These factors combined to support the upward trend in petroleum resin prices during the quarter.
Petroleum Resins Prices in China:
Product | Category | Price |
Petroleum Resins
| Polymer & Resin | 1398 USD/MT
|
In Q2 2024, China's petroleum resin market experienced some temporary price changes due to a short factory shutdown caused by severe weather. However, despite this disruption, strong and steady demand from important industries, along with stable crude oil prices, helped keep the market stable. By the end of the quarter, petroleum resin prices had settled at $1,398 per metric ton in June.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Petroleum Resins Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Petroleum Resins price trend, offering key insights into global Petroleum Resins market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Iso Butyric Acid demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
Request to Get the Sample Report: https://www.imarcgroup.com/petroleum-resins-pricing-report/requestsample
Key Features:
Key Attributes | Details |
Product Name | Petroleum Resins |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Petroleum Resins Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (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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