Ethylene Carbonate Prices, Pricing, Demand & Supply
North America In the fourth quarter of 2023, the North American Ethylene Carbonate market exhibited a varied trend with prices fluctuating throughout the quarter. Over the three-month period, the demand outlook remained moderate as consumers hesitated on new purchases, focusing primarily on long-term orders. In the initial month, demand was unstable, given the ample material availability observed in the domestic market. As November unfolded, increased consumer spending and heightened market activities positively impacted the overall economic scenario. However, downstream industries experienced only modest demand. Despite concerns about a potential recession, inflation, and geopolitical uncertainties, consumer confidence in the US grew in both November and December, indicating an optimistic view of future business conditions. Nevertheless, procurement from battery manufacturing firms remained lackluster due to subdued demand. In contrast, the electric vehicle market demonstrated co...