North America N-Butanol Prices Movement Q3:
n-Butanol Prices in United States:
In September 2024, n-butanol prices in the United States reached 1,350 USD per metric ton for Q3. The market faced significant challenges in Q3 2024 due to reduced production capacity, stemming from refinery issues and a limited supply of propylene. Weak demand from key sectors like paints and coatings, compounded by seasonal changes that slowed consumption, further pressured prices. Attempts by major producers to increase prices were unsuccessful, as logistical disruptions, including worker strikes, added to the strain. The hurricane season also worsened the situation, intensifying operational difficulties and contributing to ongoing price declines and market uncertainty.
Europe n-Butanol Price Movement:
n-Butanol Prices in Germany:
In Germany, n-butanol prices dropped to 1,535 USD/MT in September 2024 during Q3. The market experienced a significant price decline primarily due to an oversupply of propylene, which lowered production costs and put downward pressure on prices. Demand from key sectors like paints and coatings weakened, as construction activity slowed. Additional challenges arose from maintenance at propylene facilities in August, along with a force majeure event that further disrupted supply. Towards the end of the quarter, increased propylene imports worsened the already bearish market, leading to continued price drops and emphasizing the market's instability.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “n-Butanol Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of n-Butanol price trend, offering key insights into global n-Butanol 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 n-Butanol 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/n-butanol-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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