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Ganesh Kumar's Blog – August 2023 Archive (45)

Potato Starch Prices: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America:



In the second quarter of 2023, the US potato starch market witnessed fluctuations in price and market conditions. The initial two months of the quarter experienced consistent price growth, attributed to intricate supply and demand dynamics. The intensified demand from end-user suppliers created a modest potato starch shortage in domestic warehouses, consequently driving prices higher. Post the termination of the… Continue

Added by Ganesh Kumar on August 29, 2023 at 6:16am — No Comments

Corn Starch Prices: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America:



The US corn starch market encountered volatility during the second quarter of 2023. The initial two months of the quarter witnessed consistent price escalation attributed to disruptions in supply and demand dynamics. A moderate shortage of corn starch in domestic warehouses ensued due to heightened demand from end-user suppliers, consequently driving market prices upwards. Following the abolition of the zero-resistance policy… Continue

Added by Ganesh Kumar on August 29, 2023 at 5:50am — No Comments

Rapeseed Oil Prices Trend in the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America:



Throughout Q2 2023, rapeseed oil prices in North America mirrored the trends seen in the European market. The downward trajectory of rapeseed oil prices persisted from Q1 2023 until June 2023, signaling an ongoing subdued market sentiment for this oil variant. The market continued to grapple with challenges such as high rapeseed oil stocks in North America, ample supply from European buyers, and Russia's suspension of black… Continue

Added by Ganesh Kumar on August 29, 2023 at 5:32am — No Comments

Amlodipine Besylate Prices Trend in the second quarter of 2023

For the Quarter Ending June 2023



North America:



In June 2023, Amlodipine besylate prices experienced a 3.41% drop compared to levels seen in April. The US Manufacturing PMI (Purchasing Managers Index) declined to 46.3 in June from 48.4 in May and 47.1 in April, signaling reduced end consumer purchases. In response to the weakened market demand, traders and suppliers have lowered the price of Amlodipine Besylate to sell off existing inventory and maintain profitability. The… Continue

Added by Ganesh Kumar on August 28, 2023 at 7:25am — No Comments

Ammonium Chloride Prices, Price, Pricing, Trend, News, Monitor

For the Quarter Ending June 2023



North America:



Throughout the second quarter, the North American Ammonium Chloride market experienced persistent price weakness. The decline was predominantly driven by decreasing prices of feedstock Ammonia and upstream Natural Gas. The US Bureau of Labor and Statistics reported a 2.6% decrease in the Natural Gas Index for the month, marking the fourth consecutive decline in that index. The prevailing trend was further influenced by the… Continue

Added by Ganesh Kumar on August 28, 2023 at 6:55am — No Comments

Steel Plate Prices: In the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America:



In the US spot market, the price of Steel Plate underwent a decline during the second quarter of June 2023, primarily attributed to the country's deteriorating economic landscape and heightened inventory levels. The early stages of the quarter held a glimmer of hope for the Steel Plate market, with prices exhibiting strength in April. However, production cuts were witnessed in April when the joint venture of US-based Nucor… Continue

Added by Ganesh Kumar on August 28, 2023 at 5:21am — No Comments

Polyacrylamide (PAM) Prices Trend in the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023

North America

Throughout the second quarter of 2023, the Polyacrylamide (PAM) market in the USA demonstrated overall moderate fundamentals. While the price of PAM remained relatively stable during Q2, a minor decrease of around 0.7% was observed. The initial month of the quarter witnessed heightened demand from international water treatment plants, leading to increased container exports and allowing suppliers to bolster their profit margins.…

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Added by Ganesh Kumar on August 25, 2023 at 4:46am — No Comments

Hot Rolled Coils Prices Trend in the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



The US Hot Rolled Coil prices showed an overall declining price trend in the second quarter of 2023, despite of increasing price trend in the initial phase of the quarter, i.e., April. In the first month of the second quarter, the price of Hot Rolled Coil inclined in the US spot market as the local mills maintained a high base price that helped in maintaining a positive market sentiment for domestic and overseas buyers. The… Continue

Added by Ganesh Kumar on August 24, 2023 at 6:37am — No Comments

Salicylic Acid Prices: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



In the second quarter of 2023, the market for Salicylic acid in the United States experienced fluctuations. During the initial two months of Q2, prices demonstrated a stable increase driven by the dynamic interplay of supply and demand. Following the abandonment of the zero-covid tolerance policy, trade between Asia and the US expanded. With escalating demand from end-user suppliers, there emerged a moderate scarcity of… Continue

Added by Ganesh Kumar on August 24, 2023 at 6:11am — No Comments

Benzoic Acid Prices: In the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



During the second quarter of 2023, the Benzoic acid market in the United States experienced fluctuations. In the initial two months of Q2, prices exhibited a steady increase due to heightened dynamics of supply and demand. The augmented demand from end-user suppliers led to a moderate shortage of Benzoic acid in domestic warehouses, resulting in price inflation. The trade between Asia and the US picked up following the… Continue

Added by Ganesh Kumar on August 24, 2023 at 5:35am — No Comments

Triethylene Glycol Prices: In the second Quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America:



Triethylene Glycol prices experienced a decline of nearly 5% during the second quarter of 2023. Despite the overall market being bullish, driven by declining prices of upstream ethylene oxide, the demand from the plasticizers segment remained largely absent among consumers. This was despite a cooling of inflation by approximately 0.6% and an appreciation of the Consumer Price Index (CPI) by over 2 points. The depreciating… Continue

Added by Ganesh Kumar on August 23, 2023 at 7:18am — No Comments

Iron Oxide Prices: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America:



Iron oxide prices experienced a decline of more than 19% in the North American market throughout the second quarter of 2023. The market sentiment remained bearish during this period. Demand from the downstream paint and coating industry remained weak as construction activities displayed muted performance. Key market players reported a decline in the sales of surface coating products. The prevailing uncertainties regarding the… Continue

Added by Ganesh Kumar on August 23, 2023 at 6:31am — No Comments

Monoisopropylamine Prices: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America:



Amid recent advancements in U.S. West Texas Intermediate crude futures, the broader petroleum sector has encountered a prevailing gloomy sentiment amidst persistently lackluster global economic conditions. This pessimism has translated into subdued demand for Monoisopropylamine (MIPA) within the United States, leading to current market prices resting at USD 1487/ton FOB Houston. Although the pharmaceutical and textile sectors… Continue

Added by Ganesh Kumar on August 23, 2023 at 5:22am — No Comments

Clopidogrel Prices: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America:



Clopidogrel bisulfate prices in the North American region mirrored the declining trend seen in the APAC region. Across North America, prices for clopidogrel bisulfate steadily decreased during the second quarter, compared to the first quarter. This downward trend persisted until the final week of June. The declining prices were attributed to fluctuating downstream markets for the feedstock used in manufacturing clopidogrel… Continue

Added by Ganesh Kumar on August 22, 2023 at 6:00am — No Comments

Oxcarbazepine Prices Trend in the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America:



Oxcarbazepine prices in the North American region concluded the second quarter of 2023 on a downtrend. The weak price trajectory at the beginning of Q2 could be attributed to sluggish demand and elevated stock levels, significantly impeding market fundamentals. Domestic sales suffered due to higher inflation, while new inquiries from the regional market remained subdued. Consequently, retailers grappled with excessive… Continue

Added by Ganesh Kumar on August 22, 2023 at 5:00am — No Comments

Palm Kernel Oil Prices: In the second Quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023

North America:

In the North American region, Palm Kernel Oil (PKO) prices experienced a diverse market trajectory. The initial months of the second quarter saw a continued rise in prices. Importing activity maintained a moderate pace, while supplies from exporting nations, particularly Malaysia, a key player in PKO exports, remained weak. This disruption influenced the overall market trend until April 2023. As the middle of Q2 approached, global…

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Added by Ganesh Kumar on August 22, 2023 at 2:48am — No Comments

Magnesium Acetate Tetrahydrate Prices: In the second Quarter of 2023

For the Quarter Ending June 2023

North America:



In the second quarter of 2023, the US market witnessed volatility in Magnesium Acetate Tetrahydrate prices. Overall, prices experienced a significant decline, although the latter months of Q2 2023 exhibited signs of easing market conditions due to intermittent fluctuations between supply and demand throughout the month. Market trading fundamentals were influenced by weak demand and elevated inventories. Retailers grappled with… Continue

Added by Ganesh Kumar on August 21, 2023 at 5:23am — No Comments

Carbamazepine Prices: During the second quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America:



Carbamazepine prices in the North American region embarked optimistically but concluded pessimistically in the second quarter of 2023. These prices followed a trend similar to that of the Indian market throughout the quarter. Initially, prices gradually increased from the previous month at the quarter's start, holding up until mid-Q2, around May 2023. The rise in Carbamazepine prices stemmed from heightened demand in the… Continue

Added by Ganesh Kumar on August 21, 2023 at 4:59am — No Comments

Isopentane Prices: In the second Quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America:



Isopentane prices saw a decline throughout the second quarter, concluding in June 2023. This decline can be attributed to the fluctuating prices of upstream crude oil and weakening demand from the refrigerant market. Additionally, in response to growing global inflationary pressures, the government has raised interest rates significantly within the region, dampening consumer buying enthusiasm. The collapse of two major US… Continue

Added by Ganesh Kumar on August 21, 2023 at 3:14am — No Comments

Soybean Oil Prices: In the second Quarter of 2023 | ChemAnalyst

For the Quarter Ending June 2023



North America



Soybean Oil prices in North America mirrored the market trends observed in Europe throughout Q2 2023. The prices of Soybean Oil continued their descent, persisting from the onset of Q1 2023 until June 2023. This enduring trend of weakened market sentiments for Soybean Oil was fueled by several factors. High inventories of soybean oil in the region, coupled with ample supply from European buyers, added downward pressure to the… Continue

Added by Ganesh Kumar on August 17, 2023 at 8:36am — No Comments

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