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Diisopropyl Ether Prices, Monitor, Analysis & Demand

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  North America The Di Isopropyl Ether price trend shifted in the North American market during the final quarter of the year. Initially, the cost support fell from upstream Acetone in the producing countries amid pessimistic market sentiments from downstream buyers and increased availability of supplies.  It reduced the production costs of DIPE amid the weak demand for solvent from end-user industries, such as paint and cleaning agent manufacturers, due to reduced procurement activities and lower consumption rates amid contraction in regional manufacturing sector activities, which negatively impacted the prices of Di Isopropyl Ether. Another significant factor that influenced the market was the availability of supplies. While the production rates remained firm, the supply rates were moderate. In the mid-quarter, the price trend altered amid the decrease in the Panama Canal water levels due to the El Nina effect and dry weather conditions, resulted in a decline in Cargo rates a...

Cyclohexanone Prices, Monitor, Analysis & Demand

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North America The North American Cyclohexanone market has witnessed a bearish trend in Q4 2023, primarily due to the expected restrictions on vessels' transition through the Neopanamax locks, which have hampered the supply chain. Furthermore, the reducing domestic petrochemical production capacity and overseas supplier inventory due to oil production cuts by major producers have also affected the prices.  The limited inventory of Cyclohexanone in the domestic market has led to further price hikes, while decreasing downstream demand has supported a price drop. The recent visit of US President Joe Biden to Vietnam and the upgrade of bilateral relations between the two nations have opened up new growth opportunities in the textile industry, particularly in garment exports.  The last quarter of 2023 has seen the shutdown of Shell Chemicals Acetone and Phenol solvent unit in Deer Park, Texas, US. The reduced stockpile in the US has caused higher imports of commodities from various ...

Citric Acid Prices, Monitor, Analysis & Demand

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North America:  In the North America region, the Citric Acid market in the fourth quarter of 2023 faced several significant factors that impacted prices. Firstly, until the first half of the quarter, there was an overall improvement in the domestic market situation, with increased demand and replenishment of inventories. This was driven by rising input-cost inflation and a surge in domestic inquiries, particularly due to the onset of the winter season. Additionally, the import market experienced supply challenges, with limited inventories among suppliers and a decrease in imports from key exporting countries from H2 of Q4 2023.  For the domestic market of Citric Acid, it witnessed a notable increase in  Citric Acid prices  throughout the quarter with prices inclining from $2370/mt to $2450/mt between October and December. This was influenced by rising wages and energy prices, which caused inflationary pressures throughout the supply chain. Furthermore, the decrease i...

Chloroform Prices, Monitor, Analysis & Demand

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North America Chloroform pricing in North America region during Q4 2023 witnessed a fluctuating trend. The market sentiments were robust due to the low supply of regional products resulting in Chlor alkali companies elevating their production pace. Nevertheless, bullish demand and reviving market fundamentals elevated the price trend, supported by the low inventories of Chloroform and brisk demand. The surging product demand from the downstream R-22 refrigerant market also helped in increasing the prices. The stability in the supply/demand equilibrium and moderate demand from the downstream R-22 refrigerant ventures remained the primary reason for price stability. The USA had the maximum change in prices with a weekly incline of 2.15%. The price trend was elevated by the heightening demand from downstream refrigerant industries, increase in trading market, and supply disruption for the exports of cargos from the US to the overseas market. There was no plant shutdown during this quarter...

Calcium Silicate Prices, Monitor, Analysis & Demand

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North America The North American market for Calcium Silicate in the fourth quarter of 2023 witnessed several key factors that influenced prices and market conditions.  Firstly, the market experienced a slight decline in demand, with limited growth in the construction sector. This resulted in lower purchasing activity and reduced orders for the product. Secondly, the availability of Calcium Silicate in the market remained moderate, with a steady supply from traders. However, the limited demand and ample supply contributed to a downward pressure on prices.   Among the countries in the region, the United States had the most significant changes in prices. This decline can be attributed to the subdued demand and ample supply in the market. Additionally, the US market experienced a slight increase in demand towards the end of the quarter, leading to a small price uptick. Overall, the North American market for Calcium Silicate in the fourth quarter of 2023 was characterized by s...

Calcium Propionate Prices, Monitor, Analysis & Demand

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North America In the fourth quarter of 2023, the North American market for Calcium Propionate, particularly in the USA, exhibited a varied performance. A key factor impacting the USA's Calcium Propionate market during this period was the surge in production costs. The rising expenses of essential input materials, such as energy and raw materials, exerted upward pressure on prices. Furthermore, disruptions in the supply chain, including port congestion and shortages of containers, impeded the seamless transportation of Calcium Propionate. This resulted in increased transportation costs and prolonged delivery lead times. The announcement by the US Federal Reserve indicating a potential 5.5% interest rate added to the shaping of market sentiments. The proposed interest rate hike could signal reduced demand from downstream industries, potentially serving as a measure to counteract inflation. Restrictions on Panama Canal transit have begun affecting containerships for the first time, wi...

Calcium Acetate Prices, Monitor, Analysis & Demand

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North America In the final quarter, the pricing dynamics of the Calcium Acetate market exhibited a diverse pattern. Initial reductions were observed at the commencement of October, succeeded by a noteworthy upswing in mid-Q4, and experienced another decline towards the conclusion of the quarter. The primary driver behind these fluctuations was the ample availability of Calcium Acetate within the domestic market. Additionally, downstream sectors, crucial consumers of Calcium Acetate, have increasingly embraced a just-in-time purchasing strategy. Nevertheless, in November, sustained economic growth and heightened consumer spending sparked a revival in downstream demand for Calcium Acetate in the USA. This resurgence was evident through robust retail sales and growing consumer confidence indicators, prompting suppliers to destock their inventories at elevated costs. Furthermore, the USA, as a significant importer, mirrored the pricing trajectory of key producing and exporting market playe...