Butyric Acid Price Growth Driven by Demand, Supply Issues

Written by steph » Updated on: December 19th, 2024

Analyzing North America Butyric Acid Prices: Insights from Q2 2024

Butyric Acid Prices in the United States:

In the last quarter of 2024, butyric acid prices in the United States climbed to 230 USD per metric ton during Q2. The market experienced a peak in June, primarily driven by heightened demand from the flame-retardant sector, where Butyric Acid is utilized in fire safety applications. Geopolitical tensions dampened import activity, further tightening supply in key markets. Rising transportation and freight costs exacerbated supply chain constraints, reducing the availability of Butyric Acid and contributing to the price surge. These combined factors fostered a bullish market, with prices stabilizing at higher levels compared to the previous quarter. Strong butyric acid demand, coupled with logistical challenges, sustained the upward price trend, underscoring a positive market outlook during this period.

Analyzing APAC Butyric Acid Prices: Insights from Q2 2024

Butyric Acid Prices in China:

In the last quarter of 2024, Butyric Acid prices in China settled at 350 USD per metric ton during Q2, reflecting a notable year-over-year increase driven by robust demand, particularly from the flame-retardant sector. However, the market exhibited some volatility, with prices declining compared to the previous quarter. By the end of June 2024, Butyric Acid prices surged to 2,767 USD per metric ton, underscoring the market's growth alongside its fluctuations. The quarterly decline was primarily due to reduced imports, geopolitical tensions, and persistent butyric acid supply chain challenges, including escalating transportation costs. Despite these obstacles, the market demonstrated resilience, showcasing a significant recovery compared to the previous year.

Analyzing Europe Butyric Acid Prices: Insights from Q2 2024

Butyric Acid Prices in France:

In the last quarter of 2024, Butyric Acid prices in France rose to 1,790 USD per metric ton during Q2. This increase was primarily fuelled by heightened demand from local industries, particularly the construction sector, which extensively utilizes Butyric Acid in flame-retardant applications. Rising freight costs and ongoing supply chain disruptions further compounded the price surge, reducing the market's overall availability. Despite seasonal fluctuations and persistent challenges in regional market dynamics, the convergence of strong demand and logistical constraints drove a significant price hike, signaling a tightening market in the UAE.

How the IMARC Pricing Database Can Help

The latest IMARC Group study, “Butyric Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Butyric Acid price trend, offering key insights into global Butyric Acid 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 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.

Unlock Real-Time Butyric Acid Price Trends Today: https://www.imarcgroup.com/butyric-acid-pricing-report

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