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For the Quarter Ending June 2023 North America: Throughout the second quarter of 2023, the  liquid chlorine  market in North America experienced a bearish trend, resulting in a notable price depreciation of approximately 14%. Abundant supply prevailed in the region, primarily driven by increased production in chlor-alkali industries, such as sodium hydroxide and potassium hydroxide, from which chlorine is derived as a by-product. This uptick in production was attributed to energy cost subsidies and the declining prices of crude oil. However, demand for chlorine in downstream sectors such as disinfection, detergent, PVC, adhesives, and agrochemicals remained lackluster, reflecting the incomplete recovery of the US economy. The Federal Reserve's decision to raise interest rates by nearly 5% further dampened consumer sentiment, diminishing purchasing activities in the region. Additionally, reduced demand for polyvinyl chloride (PVC) contributed to the decline in liquid chlorine p...

For the Quarter Ending June 2023 North America: In the second quarter of 2023,  Sodium Benzoate prices  in the US market experienced a significant decline due to sporadic shifts in supply and demand throughout the month. By the end of Q2 2023, the price had fallen, resulting in an average quarterly decrease of 3.65%. Initially, the market saw a dramatic increase in CFR New York values of Sodium Benzoate due to improved supply and demand dynamics. The relaxation of the zero-tolerance policy led to increased trade between Asia and the US, causing a mild shortage of Sodium Benzoate on domestic warehouse shelves, driven by heightened demand from end-user suppliers. Furthermore, rising prices of raw material Benzoic acid contributed to the upward price trend. However, as time progressed, the market witnessed a weakening situation, with Sodium Benzoate prices remaining weak and stabilizing. Most downstream markets experienced average demand recently, and the price of upstream Sodium...

For the Quarter Ending June 2023 North America: In the second quarter of 2023, the US  Sodium Nitrate  market experienced a significant price drop due to erratic fluctuations in supply and demand throughout the period. By the close of Q2 2023, the price had declined on average by 4.6%. These deteriorating market conditions can be attributed to the persistently low and stable sodium nitrate prices, coupled with generally average demand across most downstream sectors in recent times. Furthermore, upstream nitrate prices also exhibited a downward trend during this month. One contributing factor to this decline was the reduction in energy costs, a critical component in nitric acid production, which had been driven down by the global economic slowdown. Falling oil prices further exacerbated the downward pressure on sodium nitrate prices. Additionally, in response to seasonal changes, sodium nitrate in powder form was made available to help clear existing inventories, but this move ...

For the Quarter Ending June 2023 North America: During the second quarter of 2023, the  Sodium Methyl Paraben  market in the United States experienced considerable fluctuations. At the close of Q2 2023, the recorded price exhibited an average quarterly increase of 1.39%. In the initial two months of the quarter, prices steadily rose, driven by heightened supply and demand dynamics. This increase was primarily attributed to a significant surge in downstream demand and a reduction in merchant stockpiles. Notably, market experts observed robust trade between exporting nations and the United States, which bolstered market sentiment. The relaxation of the zero-tolerance policy also contributed to increased trade between Asia and the US. Consequently, domestic warehouses briefly faced a mild shortage of Sodium Methyl Paraben due to heightened demand from end-user suppliers. However, by June, the US Sodium Methyl Paraben market slowed down as downstream industries reduced their deman...

For the Quarter Ending June 2023 North America: During the second quarter of 2023, the  Agar Agar  market in North America exhibited a favorable pricing trend. This uptick was primarily attributed to lower inventory levels at suppliers' warehouses, leading to increased demand from end-users in the food and beverage (F&B) sectors within the United States. Starting in April, there was a slight decrease in inflation in the nation, accompanied by a drop in energy prices. Nevertheless, industry analysts assert that underlying inflation remains elevated and exceeds the Federal Reserve's target. They also believe that the reduction in inflation due to supply chain easing is likely to be temporary. The F&B market in the country showed mixed patterns, with varying perspectives on the pricing of various end-products in these industries. The consistently strong labor market continued to support economic growth through wage increases during the quarter, but this is expected to fur...

For the Quarter Ending June 2023 North America: During the second quarter of 2023, the North American  non-woven fabric  market experienced a somewhat bearish trend. This was primarily driven by a decrease in the costs of essential raw materials like polyamide, polyethylene, and polypropylene. Additionally, the reduction in downstream crude oil processing prices contributed to the overall decline. The primary source of demand for non-woven fabric was anticipated to come from the housing and construction industry, which was expected to show improvement. Currently, the limited downstream demand from healthcare facilities might help stabilize the slightly bearish market conditions. Demand from the consumer sector also appeared sluggish, as end-users opted for reduced purchasing amid the region's slow economic recovery. Despite ample supply, attributed to declining crude oil and downstream processing prices, energy cost subsidies, efficient production rates, and supply chain enhan...

For the Quarter Ending June 2023 North America: In Q2, the  prices of Green Hydrogen  in the US market saw a decline. This can be attributed to weak demand from the fuel industry and other downstream sectors. However, there was some positive news with the announcement of a $9.5 Billion investment for clean hydrogen from the president's bipartisan infrastructure law. Ongoing research and development efforts across the federal government also contributed to the market dynamics. Despite the weak demand, there was an adequate inventory level to meet the needs of the downstream industry. Plants were operating at a lower rate due to the lackluster demand. Additionally, the decrement in Natural Gas prices led to reduced production costs. The rising interest rate and decreased international market demand further added to the overall pessimistic market view. Hence, by the end of June, the prices of Green Hydrogen had decreased to USD 3500/MT FOB California. Asia: The prices of Green Hy...

For the Quarter Ending June 2023 North America The  Vitamin B5 (D-Calpan)  market in North America experienced a period of price stagnancy during the second quarter of 2023. Price negotiations in CFR New York saw a decline from $19,500 per tonne to $18,600 per tonne between April and June, indicating a decrease of 4.6% for the quarter. The demand from end-user pharmaceutical and nutraceutical industries weakened slightly in the latter half of Q2 in the United States. Additionally, the market saw an abundance of domestic suppliers offering vitamin B5 (D-Calpan) at lower prices, contributing to the overall reduction in prices. Inflation in the country aligned with energy prices, but analysts believe this decrease may be temporary due to supply chain pressures. Despite mixed sentiment on vitamin prices, the nutraceuticals market in the country displayed a varied pattern of activity. Asia Pacific During Q2 2023, the Vitamin B5 (D-Calpan) market in Asia-Pacific witnessed a mix of p...

For the Quarter Ending June 2023 North America The prices of Diesel in the US market experienced a decline during the first half of Q2, followed by further decrements in the second half. This can be attributed to lower demand from the power and logistics sectors, influenced by high inflation and rising interest rates. However, as the economy stabilized and inflation was brought under control in the second half, positive market sentiments for Diesel emerged. Additionally, the prices of feedstock crude oil decreased, contributing to the overall decline in Diesel prices. Moreover, the weak cost support from natural gas prices in the first half, followed by an increment in the second half, influenced the price trend in the Diesel market. Furthermore, weak international demand and stable operating plants with low downstream industry demand resulted in adequate inventories to meet market needs. Consequently, by the end of the quarter, the prices of Diesel were reported at USD 3.92/Gal. APAC...

For the Quarter Ending June 2023 North America The US market has experienced volatile  carbon disulphide prices  throughout the second quarter of 2023 due to limited demand and ample inventories. The tightening of monetary policy and the expected slowdown in the US economy have contributed to weak economic activity, affecting the growth of various commodities, including carbon di sulphide. The domestic market has seen tepid demand from downstream fertilizers and packaging industries, leading to a decline in carbon disulphide prices. The collapse of two significant banks in late Q1 of 2023 has also had repercussions on the performance of manufacturing industries. Despite this, core inflation has consistently exceeded targeted levels set by the US Federal Reserve, resulting in strained trade activities. Additionally, lower freight charges and sufficient material availability have further supported the downward trend of carbon disulphide prices in the domestic market. Asia-Pacifi...

For the Quarter Ending June 2023 North America: During the second quarter of 2023,  nitrogen  prices in North America experienced a downward trend. This can be attributed to weak demand from downstream industries and a decrease in inquiries faced by nitrogen gas producers. Despite the low cost of domestic nitrogen production, the overall market is declining. The lack of interest in the product in the upstream fer market has resulted in limited domestic nitrogen supply in the US market. Industrial output and production costs have fluctuated in line with natural gas prices. Additionally, various factors such as the US House of Representatives suspending the debt ceiling rate, a federal court order halting the construction of a controversial natural gas pipeline, and the Union Strike of the West US protest have impacted the overall functioning of activities in the country. APAC: In the Asia-Pacific region, nitrogen prices during the second quarter of 2023 remained relatively high...

For the Quarter Ending June 2023 North America The US market for  Titanium Tetrachloride  has experienced volatile prices due to challenging conditions in the construction industry. Key inputs, including Titanium Tetrachloride, have been affected by the downturn in construction and automotive sectors, leading to sufficient availability of finished stocks. In mid-June, Natural Gas prices rose as inventories fell below expectations. However, due to adequate inventory levels and weak demand from China, prices remained on the lower side. Towards the end of Q2, downstream production facilities operated at reduced rates due to ample availability of finished goods. Manufacturers have been cautious about high inventory levels, as economic conditions in the Western market remain sluggish. Weak manufacturing has led to a contraction in the Purchasing Manager Index. Container availability at US ports has been sufficient, allowing for unimpeded movement of finished goods. APAC The price o...