Written by steph » Updated on: November 29th, 2024
North America Epichlorohydrin Prices Movement Q3:
Epichlorohydrin Prices in the United States:
In Q3 2024, Epichlorohydrin Prices in the United States reached 2,070 USD/MT by September, reflecting significant price fluctuations throughout the quarter. Prices surged in July due to rising raw material costs and increased logistics expenses, creating upward pressure. However, this upward momentum reversed by August as the market faced oversupply conditions and weakened demand, particularly from the construction sector. By September, the decline continued, influenced by broader economic concerns, including a slowdown in job growth, which further dampened market sentiment. These factors contributed to a volatile pricing environment for epichlorohydrin during the quarter.
APAC Epichlorohydrin Prices Movement Q3:
Epichlorohydrin Prices in South Korea:
In Q3 2024, epichlorohydrin prices in South Korea rose to 1,140 USD/MT by September, despite early declines earlier in the quarter. The price increase was largely driven by maintenance shutdowns at key production facilities and ongoing supply chain disruptions, which restricted supply availability. Although demand remained cautious throughout the quarter, these supply constraints led to tighter supplies, pushing prices upward towards the end of the period. The combination of production halts and logistical challenges created upward pressure on prices, marking a shift from the initial downward trend in the market.
Europe Epichlorohydrin Prices Movement Q3:
Epichlorohydrin Prices in the Netherlands:
In Q3 2024, epichlorohydrin prices in the Netherlands fell to 2,100 USD/MT by September, reflecting a downward trend throughout the quarter. This decline was primarily driven by weakened demand, particularly in the construction and coatings sectors, which are key consumers of epichlorohydrin. Excess product availability further pressured prices, as supply outpaced demand. Additionally, logistical challenges, including transportation delays and supply chain disruptions, contributed to the price drops. The combination of these factors led to noticeable declines in the latter half of the quarter, highlighting an overall softness in the market.
South America Epichlorohydrin Prices Movement Q3:
Epichlorohydrin Prices in Brazil:
In Q3 2024, epichlorohydrin prices in Brazil reached 2,500 USD/MT by September, after initially rising in July due to increased production costs. However, the market quickly turned bearish as oversupply and weakening demand took hold through August and September. The increase in production costs was not enough to sustain the price rise, and as demand from key sectors such as construction and automotive softened, the market was flooded with excess product. This oversupply, combined with reduced consumption, led to significant price declines, marking a tough quarter for Brazil’s epichlorohydrin market with substantial quarterly reductions.
How the IMARC Pricing Database Can Help
The latest IMARC Group study, “Epichlorohydrin Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Epichlorohydrin price trend, offering key insights into global Epichlorohydrin market dynamics. This report includes comprehensive price charts, which trace historical data and highlight 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 Epichlorohydrin demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the price report uncovers critical factors influencing current and future prices.
Request to Get the Sample Report: https://www.imarcgroup.com/epichlorohydrin-pricing-report/requestsample
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