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 fell to $1,260 per metric ton, continuing a downward trend throughout the third quarter. The decline was primarily driven by oversupply and weakened demand across key sectors. A cautious consumer outlook led businesses to scale back investments, further reducing purchasing activity and intensifying price pressure. To stay competitive, companies adjusted their pricing strategies to match market conditions, navigating a challenging environment shaped by abundant supply and subdued demand.
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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. Weak domestic and international demand, coupled with ongoing economic uncertainties, drove significant price declines. Cautious spending habits among businesses and consumers sustained the downward trend, while supply chain disruptions exacerbated oversupply, adding further pressure on prices. As a result, market sentiment remained weak, with stakeholders hesitant to make purchases amid prevailing instability, reinforcing the challenging environment for both producers and consumers.
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 fell to $1,360 per metric ton for the third quarter. The decline was driven by reduced domestic demand and persistent logistical disruptions. A weak economic outlook further dampened business sentiment, leading to cautious spending across industries. Additionally, rising shipping costs made goods less affordable, further impacting purchasing behavior. These combined factors sustained the downward market trend, creating a challenging environment for both producers and consumers throughout the period.
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 pricing are driven by raw material costs, particularly fluctuations in propylene and crude oil. Other key factors include production capacity and global demand from industries such as automotive, cosmetics, and pharmaceuticals. Additionally, transportation expenses, supply chain disruptions, seasonal trends, environmental regulations, and competition from alternative glycols play a crucial role in shaping market dynamics.
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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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