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Written by steph » Updated on: December 19th, 2024
North America Polyisobutylene Prices Movement Last Quarter:
Polyisobutylene Prices in the United States:
In the last quarter, the polyisobutylene prices in the USA rose to 2,540 USD/MT, primarily driven by lower feedstock costs and strong inventory levels. Despite economic challenges and slower manufacturing growth, the market saw steady demand from key sectors such as construction and automotive, which helped maintain balance. The decline in feedstock costs contributed to a more favorable pricing environment, mitigating some of the weaker market conditions. This stability in demand, coupled with the availability of inventories, allowed polyisobutylene prices to rise despite fluctuating economic indicators and trade uncertainties. The steady demand from these industries ensured that prices remained resilient, even amidst broader economic pressures.
APAC Polyisobutylene Prices Movement Last Quarter:
Polyisobutylene Prices in South Korea:
The price trend for polyisobutylene in South Korea during Q2 2023 was marked by significant volatility, reaching 3,175 USD/MT in December. Initially, prices declined due to weak demand and an oversupply in the market, creating downward pressure. However, a brief rebound occurred in May, fueled by stronger demand from the automotive sector, which temporarily boosted market conditions. Despite this, by June, broader economic challenges, including rising inflation and economic uncertainty, led to another decline in prices, highlighting the ongoing instability in the market. This fluctuation underscored the sensitivity of polyisobutylene prices to changing demand dynamics and external economic factors, leaving the market in a state of uncertainty for the remainder of the quarter.
Europe Polyisobutylene Price Movement Last Quarter:
Polyisobutylene Prices in Belgium:
In Q2 2023, polyisobutylene prices in Belgium declined to 2,780 USD/MT in December, primarily driven by weakened economic conditions and high inflation. The market was further pressured by fluctuating demand from key industries such as construction and automotive, where demand remained inconsistent. Although there was some recovery in demand during the quarter, it was not enough to offset the broader economic challenges, which kept prices under downward pressure. The reduction in feedstock costs, while providing some relief, did little to stabilize the market in the face of ongoing inflationary pressures and uncertain economic conditions. As a result, the polyisobutylene market in Belgium remained subdued throughout Q2 2023, with prices continuing to reflect the volatility of the broader economic landscape.
How the IMARC Pricing Database Can Help
The latest IMARC Group study, “Polyisobutylene Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Polyisobutylene price trend, offering key insights into global Polyisobutylene 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 Polyisobutylene 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.
Unlock Real-Time Polyisobutylene Price Trends Today: https://www.imarcgroup.com/polyisobutylene-pricing-report
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.
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