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For the Quarter Ending September 2023 North America: During the third quarter of 2023,  Para Aminophenol prices  in North America exhibited a consistent pattern of fluctuations. The decline in prices, especially in the United States, can be primarily attributed to an upsurge in Para Aminophenol supply. This increase was fueled by diminishing raw material costs and manufacturing expenses in exporting countries in the northern hemisphere. The downward trend was significantly influenced by heightened competition among suppliers and a decline in demand within the manufacturing sector. Various factors contributed to this downturn, including falling prices and reduced import volumes. Key Para Aminophenol suppliers, such as China and India, also followed a depreciating trajectory, further impacting the market. Additionally, substantial inventories among domestic suppliers added extra pressure, leading merchants to reduce their price quotes to deplete existing stock and accommoda...

For the Quarter Ending September 2023 North America During the third quarter of 2023, the pricing dynamics of  Sodium Tripolyphosphate  in the North American region exhibited a nuanced pattern. Initially, prices saw an uptick in response to heightened demand from downstream water treatment and other end-use industries in the first month. This surge was attributed to consumer stockpiling practices coinciding with the onset of the summer season. However, the subsequent two months witnessed a slowdown in inquiries, influenced by adequate material availability within the domestic market. Concurrently, cost support from upstream markets dwindled, contributing to a decline in production costs. Consumer inquiries remained tepid, especially post the high-demand summer season, with buyers predominantly focusing on long-term orders. Overall, market transactions were sluggish, and there was a noticeable constraint in overall product procurement. Throughout the quarter, the region gr...

For the Quarter Ending September 2023 North America: In the third quarter of 2023, the pricing trends of  Wheat Starch  in North America closely mirrored those in the APAC region, especially in Australia. Prices witnessed an upswing in July, sharply declined in August, and rebounded in September 2023. July's price surge was driven by increased demand in the food sector, influenced by a global reduction in the supply of Wheat Starch, a derivative of wheat, in North America and Europe. This supply decrease was attributed to factors such as drought conditions and the conflict in Ukraine. Additionally, mixed consumer market sentiment in the United States in July 2023 was impacted by the local Federal Reserve's decision to raise interest rates, contributing to a pessimistic economic outlook. Persistent concerns about inflation significantly affected orders from both domestic and international buyers. Despite a drop in prices in August, September witnessed a modest market rebou...

For the Quarter Ending September 2023 North America During the third quarter of 2023,  Sorbitan Monostearate prices   in North America exhibited a consistent pattern of fluctuations. The decline in prices, particularly in the United States, was primarily attributed to an increased availability of Sorbitan Monostearate resulting from ongoing harvests in major exporting countries in the northern hemisphere. Challenges faced by U.S. corn crops, such as hot and dry conditions, notably in the northern regions where crops were still growing, significantly contributed to this price drop. A severe drought in the western part of the United States in late April forced many farmers to abandon their crops. However, Sorbitan Monostearate prices substantially decreased from their peak in late June during July. This drop can be attributed to the start of the harvesting season, aided by July rains, which played a crucial role in crop development, counteracting the earlier dry conditions ...

For the Quarter Ending September 2023 North America In the North American region, particularly within the United States, the  Castor Oil  market witnessed diverse dynamics during the third quarter of 2023. The US Census Bureau's analysis revealed a moderate uptick in the Manufacturing Purchasing Managers' Index (PMI) for the United States, ascending from 46.3 in June to 49 in July. This marked two consecutive months of PMI surpassing 50, indicating expansion in the manufacturing sector. Simultaneously, the consistent surge in Castor oil consumption across various sectors, including food, personal care, and other industries, led to a subsequent rise in its pricing. Moving into August, Castor oil prices in the United States experienced a significant decline, attributed to factors such as the strengthening of the US dollar against the Indian Rupee, making imports from India more cost-effective for US buyers. Furthermore, the demand for Castor oil surged in August 2023, drive...

For the Quarter Ending September 2023 North America In the third quarter of 2023, North American  natural rubber prices  exhibited a consistent ebb and flow. Commencing at $1345 per metric ton in July, they gradually descended to $1140 per metric ton in September, marking an average quarterly decrease of 5.77%. This decline was primarily instigated by abundant inventories and a subdued demand outlook from downstream industries, aligning with a broader trend observed in major exporting countries. The intricate dynamics of the global market, including disruptions in the supply chain and regional purchasing trends, significantly influenced this pivotal development. The successful fulfillment of the demand for natural rubber triggered a cascading effect, resulting in reduced demand and subsequent oversupply, thereby exerting downward pressure on prices. The September decrease in natural rubber prices in the USA mirrors the dynamics seen in major exporting countries. On the su...

For the Quarter Ending September 2023 North America In the third quarter of 2023, the price of  Vitamin B5 (USP grade)  in the United States experienced a significant drop, plummeting from $16,650/mt to $11,800/mt CFR New York between July and September. This decline indicated an unfavorable conclusion to the quarter, driven primarily by a notable decrease in downstream demand and an excess supply in the market. The expansion of the US economy during the quarter raised concerns at the Federal Reserve, as it anticipated potential worsening inflationary pressures. Statistics revealed that the US manufacturing sector witnessed a ninth consecutive monthly decline in July, attributed to businesses reducing workers and production in response to a decrease in new orders. With sufficient stocks available domestically in Q3, local providers reduced their focus on importing the product from China. The Soft-Landing summer in the United States, supported by Federal Reserve assistance...

For the Quarter Ending September 2023 North America   Third quarter front month prices of  Diesel  in North America have been lower than the previous month's trading prices. US diesel demand has fallen despite economic growth, according to an EIA report. Consumption in the trucking, freight, and construction industries was reported as moderate at the start of this quarter. Diesel prices began climbing upwards from August amid tighter-than-expected crude oil supplies. The number of US oil rigs dropped, and a fire at a Louisiana refinery created some ambiguity in the Diesel market. Moreover, during August, North America battled with inflation. After a statement on the possibility of further rate hikes by US Federal Reserve Chairman Jerome Powell, the dollar rose to a 3-month high on Friday. Higher interest rates can result in a sluggish economy. A decrease in domestic crude oil inventory this month supported the price rise further in September. According to EIA’s recen...

For the Quarter Ending September 2023 North America Carbon disulphide prices  experienced a fluctuating trajectory in the North American market during the third quarter of 2023. In the initial half of Q3, prices in the US market slightly declined, influenced by limited cost pressure from feedstock Sulphur, which settled at the lower end. Moreover, the demand from the agrochemical and textile industries remained lackluster, contributing to a downturn in domestic prices. This subdued demand continued to exert pressure on sellers, as buyers either made minimal purchases when necessary or adopted a wait-and-see approach, anticipating a potential further decline. The weakened downstream demand could be attributed to underperforming end businesses and global economic uncertainties. With new orders dropping, material availability remained sufficient, contributing to a decline in domestic market prices. However, in the latter part of Q3, Carbon disulphide prices rebounded due to eleva...

For the Quarter Ending September 2023 North America In the third quarter of 2023,  Nitrogen prices  in North America exhibited a dynamic trend, characterized by an initial upswing in the first half of the quarter followed by a subsequent downturn. The decline was attributed to a subdued demand outlook and reduced inquiries from Nitrogen gas producers. Notably, companies in the fertilizer sector actively pursued the establishment of ammonia production facilities along the U.S. Gulf Coast, driven by aspirations to produce eco-friendly "blue ammonia" and mitigate carbon dioxide emissions. Leveraging incentives from the Inflation Reduction Act and existing export infrastructure, these companies aimed to not only produce ammonia for fertilizers but also contribute to environmental sustainability. Despite ongoing efforts by manufacturers to alleviate backlogs and reduce finished goods inventory, there was a continued hiring trend in anticipation of heightened workloads. Input c...

For the Quarter Ending June 2023 North America The US  Titanium Tetrachloride  market has experienced considerable volatility in prices, primarily influenced by the challenging conditions in the construction sector. Key inputs, including Titanium Tetrachloride, have faced market constraints, and finished stock availability has outpaced demand from downstream construction and automotive industries. In mid-June, Natural Gas prices surged due to lower-than-expected inventories, yet overall prices remained subdued due to ample inventory levels and a weak demand outlook in major exporting country, China. Towards late Q2, downstream production facilities operated at reduced rates due to sufficient finished goods, with manufacturers exercising caution amidst high inventory levels and persistently tepid economic conditions across Western markets. A contraction in the Purchasing Manager Index, dropping from 46.9 in May to 46.0 in June, reflects the impact of weak manufacturing conditio...

F or the Quarter Ending June 2023 North America   In the second quarter of 2023,  Helium prices  remained in a northward direction on account of inclined demand amidst the supply shortage. The North American Helium supplier's major supplier (Blue Star Helium Ltd) is aiming to incline production and complete the demand outlook in the domestic and international markets. Convey and work on an underlying helium recuperation plant at the high-grade Explorer revelation in the Las Animas Region of Colorado. Features, for example, the US bank emergency alongside slant interest for the item, relatively affected the general market elements of Helium. Towards the quarter's end, Helium costs took off as the interest for the item in the global market slanted. North American Helium Inc declared that it effectively brought two extra helium filtration plants. Moreover, the production cost remained on the higher side as the natural gas prices, along with inclined labor shortage and other ...