North America Propylene Glycol Prices Movement Q3:
Propylene Glycol Prices in United States:
In September 2024, propylene glycol prices in the United States reached 1,260 USD/MT, setting the trend for Q3. This shift highlighted the propylene glycol price trend, as significant price declines were observed in the region due to oversupply and reduced demand across key sectors. The market was further impacted by a cautious consumer outlook, with businesses hesitating to make large investments amid ongoing uncertainty. This subdued sentiment resulted in decreased overall purchasing activity, exerting downward pressure on prices. To remain competitive, companies adjusted their prices in line with the propylene glycol price trend to preserve market share in a persistently bearish environment. These factors combined to create a challenging market landscape, with prices continuing to fall as demand remained weak and supply abundant.
APAC Propylene Glycol Prices Movement Q3:
Propylene Glycol Prices in Singapore:
In September 2024, propylene glycol prices in Singapore stabilized at 980 USD/MT for Q3. The market experienced significant price declines driven by a combination of weak domestic and international demand, compounded by ongoing economic uncertainties. These factors fueled a persistent downward trend as both businesses and consumers exercised caution in their spending. Supply chain disruptions further exacerbated the situation, worsening oversupply and adding additional downward pressure on prices throughout the quarter. Consequently, the market reflected poor consumer sentiment, with stakeholders hesitant to make purchases due to the prevailing instability. The interplay of these challenges reinforced the downward price trajectory, creating a difficult environment for both producers and consumers.
Europe Propylene Glycol Price Movement Q3:
In September 2024, propylene glycol prices in the Netherlands reached 1,360 USD/MT for Q3. The market experienced a notable price decline, primarily due to reduced domestic demand and ongoing logistical disruptions. These challenges were exacerbated by a pessimistic economic outlook, which weakened business sentiment and led to cautious spending across various sectors. Rising shipping costs further strained purchasing behavior, as higher transportation expenses made goods less affordable and less attractive. Together, these factors reinforced the negative market trend, resulting in a consistent price drop throughout the period. Businesses faced increasing uncertainty, and the overall economic environment remained challenging for both producers and consumers.
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.
Request to Get the Sample Report: https://www.imarcgroup.com/propylene-glycol-pricing-report/requestsample
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
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