North America Propylene Glycol Prices Movement Q3:
Propylene Glycol Prices in United States:
In September 2024, the propylene glycol price trend in the United States reached $1,260 per metric ton, marking a downward trend for the third quarter. Significant declines were attributed to oversupply and reduced demand in key sectors. A cautious consumer outlook led businesses to avoid substantial investments, further decreasing purchasing activity and applying downward pressure on prices. To remain competitive, companies adjusted their pricing strategies to align with the prevailing trend, navigating a challenging market landscape characterized by weak demand and ample supply.
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Note: The analysis can be tailored to align with the customer's specific needs.
APAC Propylene Glycol Prices Movement Q3:
Propylene Glycol Prices in Singapore:
In September 2024, propylene glycol prices in Singapore stabilized at $980 per metric ton for the third quarter. The market experienced significant price declines due to weak domestic and international demand, compounded by ongoing economic uncertainties. This led to a persistent downward trend as businesses and consumers adopted cautious spending habits. Supply chain disruptions intensified oversupply, further pressuring prices throughout the quarter.
Consequently, the market reflected poor consumer sentiment, with stakeholders hesitant to make purchases amid prevailing instability, reinforcing the downward price trajectory and creating a challenging environment for producers and consumers alike.
Regional Analysis: The price analysis can be extended to provide detailed natural gas price information for the following list of countries.
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.
Europe Propylene Glycol Price Movement Q3:
Propylene Glycol Prices in Netherlands:
In September 2024, propylene glycol prices in the Netherlands reached $1,360 per metric ton for the third quarter. The market experienced a significant price decline, primarily due to reduced domestic demand and ongoing logistical disruptions. A pessimistic economic outlook further weakened business sentiment, leading to cautious spending across sectors.
Rising shipping costs also affected purchasing behavior, making goods less affordable due to higher transportation expenses. These combined factors reinforced the negative market trend, resulting in a steady price drop throughout the period, creating a challenging environment for both producers and consumers.
Regional Analysis: The price analysis can be expanded to include detailed natural gas price data for a wide range of European countries, such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.
Factors Affecting Propylene Glycol Supply and Prices
Propylene glycol supply and prices are influenced by raw material costs, especially fluctuations in propylene and crude oil. Key factors also include production capacity and global demand from sectors such as automotive, cosmetics, and pharmaceuticals. Additionally, transportation costs, supply chain disruptions, seasonal variations, environmental regulations, and competition from alternative glycols impact the market.
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Key Coverage:
- Market Analysis
- Market Breakup by Region
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Price Analysis
- Spot Prices by Major Ports
- Price Breakup
- Price Trends by Region
- Factors influencing the Price Trends
- Market Drivers, Restraints, and Opportunities
- Competitive Landscape
- Recent Developments
- Global Event Analysis
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Propylene Glycol Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Propylene Glycol price trend, offering key insights into global Propylene Glycol 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 Propylene Glycol 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.
About Us:
IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals, and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa.
IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.
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