North America Mono Propylene Glycol (MPG) Prices Movement Last Quarter:

Mono Propylene Glycol (MPG) Prices in United States:

In June 2023, the mono propylene glycol (MPG) prices in the United States was recorded at 3,272 USD/MT. The steady demand from industries such as cosmetics, pharmaceuticals, and antifreeze production contributed to the pricing. Supply chain adjustments and fluctuating raw material costs also influenced the market trends. The U.S. market remains a significant player due to its advanced production capacities and broad industrial applications. This pricing reflects a balance between domestic consumption and global export dynamics, underscoring the MPG market’s resilience amid shifting economic conditions.

APAC Mono Propylene Glycol (MPG) Prices Movement Last Quarter:

Mono Propylene Glycol (MPG) Prices in China:

In China, the price of mono propylene glycol (MPG) touched 175,751 USD/MT in June 2023, a figure significantly influenced by supply-demand imbalances and raw material constraints. China’s robust manufacturing sector, particularly in chemicals and textiles, drives high consumption of MPG. Fluctuations in propylene feedstock prices and production capacity further impacted the market. As a leading global supplier, China's MPG pricing often serves as a benchmark for other regions. Strategic trade policies and export regulations also played a role in shaping market trends during this period.

Europe Mono Propylene Glycol (MPG) Price Movement Last Quarter:

Mono Propylene Glycol (MPG) Prices in Germany:

Germany witnessed mono propylene glycol (MPG) prices of 3,255 USD/MT in June 2023, reflecting the European market's stable yet dynamic nature. The chemical is extensively used across industries like automotive coolants and resins, ensuring consistent demand. Market trends were shaped by regional supply chains, energy costs, and environmental regulations influencing production methods. Germany's focus on sustainable chemical processes impacts pricing and availability. Additionally, trade relations within the EU and with global partners played a pivotal role in maintaining competitive pricing in the face of global economic challenges.

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Mono Propylene Glycol (MPG) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Mono Propylene Glycol (MPG) price trend, offering key insights into global Mono Propylene Glycol (MPG) 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 Mono Propylene Glycol (MPG) demand, illustrating how consumer behaviour 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.

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