N Propanol Prices Fall Due to Supply Chain Struggles

North America N Propanol Prices Movement Last Quarter:

N Propanol Prices in the United States:

In the last quarter of 2024, N propanol prices in the United States declined to 722 USD/MT, primarily driven by weak demand and reduced purchasing activities, particularly from the herbicide and insecticide industries. The slowdown in manufacturing output further contributed to the bearish market conditions. Additionally, El Niño-related weather disruptions affected cargo rates, further complicating supply chains. On the positive side, improved ethylene supplies and falling crude oil prices helped reduce production costs, which, coupled with the weakened demand, led to a downward trend in N propanol prices during the quarter.

APAC N Propanol Prices Movement Last Quarter:

N Propanol Prices in China:

In the last quarter of 2024, N propanol prices in China experienced fluctuations, ultimately reaching 125 USD/MT. The overall trend was downward, primarily due to high inventory levels and reduced purchasing activities, particularly from herbicide manufacturers, who slowed down their buying in response to weaker demand. However, as the quarter progressed, prices rose slightly towards the end due to decreased production rates and a mild pick-up in purchasing, despite generally weak demand across the region. These mixed factors contributed to a volatile pricing environment for N propanol in China during the final months of 2024.

Europe N Propanol Prices Movement Last Quarter:

N Propanol Prices in Europe:

In the last quarter of 2024, N propanol prices in Europe dropped to 335 USD/MT, primarily driven by sluggish demand and reduced purchasing activities, particularly from key sectors like ink and cleaning products. Despite an initial build-up of inventory and lower ethylene costs, the ongoing economic downturn and decreased manufacturing output led to continued low consumption across industries. This combination of factors contributed to a sustained downward trend in N propanol prices throughout the quarter, reflecting the broader challenges faced by the European market in late 2024.

How the IMARC Pricing Database Can Help

The latest IMARC Group study, "N Propanol Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition," presents a detailed analysis of N Propanol price trend, offering key insights into global N Propanol 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 N Propanol 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.

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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.