North America Propylene Glycol Prices Movement Q3:
Propylene Glycol Prices in United States:
Product | Category | Price |
Propylene Glycol | Petrochemicals | 1260 USD/MT |
In September 2024, the propylene glycol price trend in the United States reached $1,260 per metric ton, establishing the trend for the third quarter. This change underscored the downward trajectory of propylene glycol prices, as significant declines were noted in the region due to oversupply and diminished demand in key sectors. The market was further affected by a cautious consumer outlook, with businesses reluctant to make substantial investments amid ongoing uncertainty. This subdued sentiment led to a decrease in overall purchasing activity, putting additional downward pressure on prices.
To remain competitive, companies adjusted their pricing strategies in accordance with the prevailing propylene glycol price trend to maintain market share in a persistently bearish environment. These combined factors created a challenging market landscape, with prices continuing to decline as demand remained weak and supply plentiful.
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APAC Propylene Glycol Prices Movement Q3:
Propylene Glycol Prices in Singapore:
Product | Category | Price |
Propylene Glycol | Petrochemicals | 980 USD/MT |
In September 2024, propylene glycol prices in Singapore stabilized at $980 per metric ton for the third quarter. The market faced significant price declines due to a combination of weak domestic and international demand, further complicated by ongoing economic uncertainties. These factors contributed to a persistent downward trend, as both businesses and consumers adopted a cautious approach to spending.
Supply chain disruptions worsened the situation, intensifying oversupply and adding further downward pressure on prices throughout the quarter. As a result, the market mirrored poor consumer sentiment, with stakeholders reluctant to make purchases amid the prevailing instability. The interplay of these challenges reinforced the downward price trajectory, creating a challenging environment for both producers and consumers.
Regional Analysis: The price analysis can be extended to provide detailed natural gas price information for the following list of countries.
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.
Europe Propylene Glycol Price Movement Q3:
Propylene Glycol Prices in Netherlands:
Product | Category | Price |
Propylene Glycol | Petrochemicals | 1360 USD/MT |
In September 2024, propylene glycol prices in the Netherlands reached $1,360 per metric ton for the third quarter. The market saw a significant price decline, primarily driven by reduced domestic demand and ongoing logistical disruptions. These challenges were intensified by a pessimistic economic outlook, which weakened business sentiment and led to cautious spending across various sectors. Rising shipping costs further impacted purchasing behavior, making goods less affordable and less appealing due to higher transportation expenses.
Collectively, these factors reinforced the negative market trend, resulting in a steady price drop throughout the period. Businesses faced growing uncertainty, and the overall economic environment remained difficult for both producers and consumers.
Regional Analysis: The price analysis can be expanded to include detailed natural gas price data for a wide range of European countries, such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.
Factors Affecting Propylene Glycol Supply and Prices
Propylene glycol supply and prices are driven by raw material costs, particularly propylene and crude oil fluctuations, production capacity, and global demand from sectors like automotive, cosmetics, and pharmaceuticals. Additional factors include transportation costs, supply chain disruptions, seasonal variations, environmental regulations, and competition from alternative glycols in the market.
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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
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Propylene Glycol Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Propylene Glycol price trend, offering key insights into global Propylene Glycol 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 Propylene Glycol 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.
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IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.
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