Butanediol Prices, Pricing, Demand & Supply

North America Throughout Q4 2023, the Butanediol market in North America underwent significant fluctuations, impacted by several factors. Firstly, the limited availability of feedstocks such as Maleic Anhydride and benzene caused an increase in production costs, leading to a rise in the overall market pricing. Secondly, demand for Butanediol from the downstream industries remained moderate, with the construction and paints sector rebounding slowly. Another factor influencing the market dynamics was the destocking behaviour of buyers before the winter holidays, leading to a decrease in market inquiries. In the USA, the housing market's current state, with rising mortgage rates and limited availability of homes, also negatively impacted the demand for Butanediol. Additionally, the volatility in feedstock prices and the sluggish demand governed the overall Butanediol prices in the US market, resulting in a stable market situation throughout the quarter. No plant shutdown...