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Ganesh Kumar's Blog – November 2023 Archive (57)

Poly Vinyl Chloride (PVC) Prices: Trend, Pricing, Analysis | ChemAnalyst

For the Quarter Ending September 2023



North America



In the quarter ending September 2023, Polyvinyl Chloride (PVC) prices in North America showed positive momentum, predominantly influenced by limited stock availability. August 2023 witnessed a notable supply squeeze in the United States PVC market due to planned shutdowns and maintenance at major PVC plants. This resulted in a price hike, sparking concerns about volatility. Key players affected included Formosa Plastics,… Continue

Added by Ganesh Kumar on November 30, 2023 at 4:53am — No Comments

Ethylene Dichloride (EDC) Prices: Trend, Pricing, News, Analysis | ChemAnalyst

For the Quarter Ending September 2023



North America:



During the quarter ending in September 2023, the EDC market in North America experienced a notable price decline, attributed to weakened international demand and an oversupply of stock. The initial half of the quarter witnessed a steady decrease in offers, driven by subdued overseas buying interest and subdued local market activity. Plant shutdowns in downstream PVC-producing units during August further intensified the… Continue

Added by Ganesh Kumar on November 30, 2023 at 4:38am — No Comments

Mono Ethylene Glycol (MEG) Prices : Trend, Pricing, Analysis | ChemAnalyst

For the Quarter Ending September 2023



North America



In the third quarter of 2023, the monoethylene glycol (MEG) market in North America witnessed a downturn. This decline was driven by diminished demand from downstream sectors such as Polyester, Polyethylene Terephthalate (PET), and a negative shift in consumer sentiments. The reduction in export orders, influenced by high inflation impacting consumer confidence, led to decreased consumer spending. Additionally,… Continue

Added by Ganesh Kumar on November 30, 2023 at 4:10am — No Comments

Hydrochloric Acid Prices: Trend, Pricing, News, Analysis | ChemAnalyst

For the Quarter Ending September 2023

North America



In the third quarter of 2023, the Hydrochloric Acid market in North America witnessed a mixed trend. The initial part of the quarter was characterized by stability, driven by modest demand from the household cleaning sector, while reduced consumption in the steel industry dampened overall demand. Downward pressure on the US steel market was further exacerbated by limited export orders. Despite these challenges, inventory levels… Continue

Added by Ganesh Kumar on November 30, 2023 at 3:56am — No Comments

Diethylene Glycol Prices: Trend, Pricing, Analysis | ChemAnalyst

For the Quarter Ending September 2023

North America



The Diethylene Glycol market in North America experienced price volatility during the third quarter of 2023, influenced by diminished consumption in downstream industries. Lackluster demand for polyester resin and plasticizer characterized the first half of the quarter, weakening the Diethylene Glycol market. However, in the latter part of the quarter, there was a surge in Diethylene Glycol market activity. This was prompted by… Continue

Added by Ganesh Kumar on November 30, 2023 at 3:38am — No Comments

Sodium Silicate Prices: Trend, Pricing, Analysis | ChemAnalyst

For the Quarter Ending September 2023



North America:



In the third quarter of 2023, the cost of Sodium Silicate in North America saw a decline, as reported by ChemAnalyst. The United States manufacturing sector faced persistent challenges during this period, marked by a significant drop in new orders and subdued domestic demand from the construction industry. This challenging business environment resulted in substantial reductions in inventory as companies scaled back their… Continue

Added by Ganesh Kumar on November 30, 2023 at 3:26am — No Comments

Potassium Silicate Prices: Trend, Pricing, Analysis | ChemAnalyst

For the Quarter Ending September 2023

North America:



In the third quarter of 2023, the cost of Potassium Silicate witnessed a downward trajectory, as reported by the ChemAnalyst. The manufacturing sector in the United States encountered persistent challenges during this period, characterized by a notable decrease in new orders and subdued domestic demand from the construction industry. This challenging business environment prompted companies to scale back procurement activities,… Continue

Added by Ganesh Kumar on November 29, 2023 at 4:49am — No Comments

Vitamin C (Ascorbic Acid) Prices: Trend, Pricing, Analysis | ChemAnalyst

For the Quarter Ending September 2023

North America



In the third quarter of 2023, the United States witnessed a notable decline in Vitamin C prices, as CFR values dropped from $3750/mt to $3490/mt between July and September. This decline marked a challenging conclusion to the quarter, primarily attributed to significantly reduced end-user demand and an abundant supply available to meet the overall demand in the US vitamin C market. Throughout the quarter, the Federal Reserve… Continue

Added by Ganesh Kumar on November 29, 2023 at 4:30am — No Comments

Palm Oil Prices: Trend, Pricing, Analysis | ChemAnalyst

For the Quarter Ending September 2023

North America



In the third quarter of 2023, the North American Palm Oil market closely followed trends in the APAC region, maintaining an optimistic trajectory. The region experienced consistently positive prices, fueled by increased demand in the downstream sector and heightened inquiries from the local market. Notably, a substantial reduction in inventory levels contributed to strong purchasing sentiments. Furthermore, transportation costs… Continue

Added by Ganesh Kumar on November 29, 2023 at 4:14am — No Comments

Palm Kernel Oil (PKO) Prices: Trend, Pricing, Analysis | ChemAnalyst

For the Quarter Ending September 2023



North America



In the North American region, Palm Kernel Oil (PKO) prices exhibited a volatile market trend. Initially, at the onset of the third quarter of 2023, prices experienced an upswing despite moderate import activities and limited supplies from major exporters, notably Malaysia, a significant player in Palm Kernel Oil production. This disruption influenced the overall market trend until April 2023. As the third quarter… Continue

Added by Ganesh Kumar on November 29, 2023 at 3:44am — No Comments

Rapeseed Oil Prices: Trend, Demand & Supply, Market Analysis | ChemAnalyst

For the Quarter Ending September 2023

North America



The third quarter of 2023 witnessed fluctuating sentiments in the rapeseed oil market in North America, particularly in the US. Prices initially surged until the middle of the quarter, driven by heightened demand in crucial exporting regions, fostering positive trade momentum in northern markets. This upswing, however, resulted from a intricate interplay of shifting supply and demand dynamics, inflation in input costs, and… Continue

Added by Ganesh Kumar on November 29, 2023 at 2:25am — No Comments

Potassium Sorbate Prices: Trend, Pricing, Analysis | ChemAnalyst

For the Quarter Ending September 2023

North America

During the third quarter of 2023, the pricing trend for Potassium Sorbate in North America exhibited a steady decline, punctuated by a slight uptick in August 2023. Beginning in July and aligning with the weakening trend from the preceding month, prices steadily decreased, mirroring the market sentiments of its upstream feed, Sorbic Acid, throughout July. The local suppliers, exercising caution due to weakened end-user demand in…

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Added by Ganesh Kumar on November 29, 2023 at 1:52am — No Comments

Coconut Oil (Copra Oil) prices: Trend, Demand & Supply, Market Analysis | ChemAnalyst

For the Quarter Ending September 2023

North America



In the third quarter of 2023, the fluctuating dynamics of Coconut Oil prices in North America, particularly the United States, reflected a blend of market sentiments. Prices surged through mid-Q3, driven by increased demand in major exporting regions, sustaining positive trade momentum in northern markets. This upward trend, however, was intricately linked to a complex interplay of economic factors, input-cost inflation, and… Continue

Added by Ganesh Kumar on November 28, 2023 at 4:12am — No Comments

Mustard Oil Prices: Trend, Demand & Supply, Market Analysis | ChemAnalyst

For the Quarter Ending September 2023

North America



Throughout the third quarter of 2023, Mustard oil prices in North America mirrored the market trends observed in the APAC region, showcasing an optimistic pricing trajectory. The continuous growth in demand within the downstream sector, coupled with heightened interest from the regional market, maintained a positive pricing momentum throughout the quarter. The substantial decrease in inventory levels further bolstered strong… Continue

Added by Ganesh Kumar on November 28, 2023 at 3:26am — No Comments

Peanut Oil (Groundnut Oil) Prices: Trend, Demand & Supply, Market Analysis | ChemAnalyst

For the Quarter Ending September 2023

North America:



In the third quarter, the trajectory of Peanut Oil prices in North America showed improvement until the middle of the period, only to witness a considerable drop as September 2023 drew to a close. The prices experienced an upward trend from July through August, driven primarily by the global surge in peanut oil prices. This surge was influenced by various factors, including reduced production in major exporting countries like… Continue

Added by Ganesh Kumar on November 28, 2023 at 2:12am — No Comments

Maize (Corn) Prices: Trend, Demand & Supply, Market Analysis | ChemAnalyst

For the Quarter Ending September 2023





North America:



In the third quarter of 2023, Maize prices in North America, particularly in the United States, continued their downward trend. This decline was primarily driven by the increased availability of Maize resulting from ongoing harvests in major exporting countries, especially in the northern hemisphere. The U.S. faced challenges with its corn crops due to hot and dry conditions, particularly in the northern regions… Continue

Added by Ganesh Kumar on November 28, 2023 at 1:46am — No Comments

Carbamazepine Prices: Trend, Demand & Supply, Market Analysis | ChemAnalyst

For the Quarter Ending September 2023

North America:



Throughout the third quarter of 2023, Carbamazepine API prices in North America mirrored the market trends observed in the APAC region. July saw prices remaining on the pessimistic side, but as Q3 progressed, there was a moderate rise in demand from the healthcare sector. Despite elevated Carbamazepine inventory levels in the local spot market, merchants aimed to meet arriving requirements. Moving into August, prices steadily… Continue

Added by Ganesh Kumar on November 28, 2023 at 1:15am — No Comments

Vitamin B9 (Folic Acid) Prices: Trend, Demand & Supply, Market Analysis | ChemAnalyst

For the Quarter Ending September 2023

North America

The FOB New Jersey prices for Vitamin B9 experienced a positive upswing in the period, concluding the third quarter of 2023 on a high note. July saw values at $47,150/mt, which then rose to $48,000/mt by September. The persistent surge in demand from pharmaceutical and nutraceutical industries drove the domestic market upward in the latter half of the quarter. The primary catalyst for the favorable price trend in the United…

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Added by Ganesh Kumar on November 28, 2023 at 12:33am — No Comments

Pectin Prices: Trend, Demand & Supply, Market Analysis | ChemAnalyst

For the Quarter Ending September 2023



North America:



Throughout the third quarter of 2023, the Pectin market in North America, primarily centered in the United States, maintained a positive outlook. According to the US Census Bureau, the Manufacturing Purchasing Managers' Index (PMI) for the United States showed a moderate increase, rising from 46.3 in June to 49 in July. This marks two consecutive months where the PMI has exceeded 50, indicating growth in the… Continue

Added by Ganesh Kumar on November 17, 2023 at 5:49am — No Comments

Oxcarbazepine Prices: Trend, Demand & Supply, Market Analysis | ChemAnalyst

For the Quarter Ending September 2023



North America:



The Oxcarbazepine API price remained stable in the US throughout the third quarter of 2023. July witnessed a consistent downward trend in prices, but as Q3 progressed, the downstream healthcare sector experienced a moderate surge in demand. Despite high local spot market inventories of Oxcarbazepine, merchants ensured ample supply to meet customer needs. Until late August 2023, many retailers refrained from placing new… Continue

Added by Ganesh Kumar on November 17, 2023 at 4:53am — No Comments

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