Ethylene Carbonate (EC) Prices, Latest Trend & Forecast

APAC Ethylene Carbonate (EC) Prices Movement Q2:

Ethylene Carbonate (EC) Prices in China:

During the fiscal year, the Ethylene Carbonate (EC) Price Trend in China saw a significant increase, reaching 878 USD/MT in June. The surge in ethylene carbonate prices in China was primarily driven by a significant increase in demand from the rapidly expanding lithium-ion battery industry, where ethylene carbonate is a crucial component used as an electrolyte solvent. This surge in demand is closely tied to the accelerating adoption of electric vehicles (EVs) and the growing emphasis on renewable energy storage systems, both of which rely heavily on lithium-ion batteries for efficient energy storage and performance. As the need for these batteries continues to soar, manufacturers in China have ramped up their utilization of ethylene carbonate to meet the growing market requirements. Furthermore, ongoing supply disruptions, which have affected the flow of raw materials, have intensified the pressure on the market, creating a tight supply-demand imbalance. The combination of these factors—strong demand in the electric vehicle sector, increased consumption in renewable energy storage, and continued supply chain constraints—has fueled the upward trajectory of ethylene carbonate prices. When compared to the previous year, prices have risen by 13%, highlighting the significant role that these industries play in the overall market dynamics. Moreover, a 2% increase from the previous quarter further reinforces the steady and sustained consumption trends, indicating that the market's growth is not a fleeting occurrence but a more consistent and long-term development. These compounding factors, including steady growth in demand and limited supply, have collectively contributed to the strong and persistent rise in ethylene carbonate prices across the Chinese market, reflecting the robust growth of the sector.

How the IMARC Pricing Database Can Help

The latest IMARC Group study, "Ethylene Carbonate (EC) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition," presents a detailed analysis of Ethylene Carbonate (EC) price trend, offering key insights into global Ethylene Carbonate (EC) market dynamics. This report includes comprehensive price charts, which trace historical data and highlight 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 Ethylene Carbonate (EC) demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the price report uncovers critical factors influencing current and future prices.

Request to Get the Sample Report: https://www.imarcgroup.com/ethylene-carbonate-pricing-report/requestsample

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, benchmarking analyses, pricing and cost research, and procurement research.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No: (D) +91 120 433 0800

United States: +1-631-791-1145

Citric Acid Prices in the US rose to 885 Usd/MT due to slowdowns, maintenance, export restrictions