Chemical Price | Prices | Pricing | Monitoring | ChemAnalyst

For the Quarter Ending September 2023 North America In the third quarter of 2023,  Diisopropyl Ether prices  experienced a range of sentiments in the North American region. Initially, demand for paint thinners decreased due to sluggish activities in the construction sector. Concurrently, logistical challenges arose as US shipping and freight routes were impacted by declining water levels in the Mississippi and Ohio rivers, leading to delayed shipping activities through the Panama Canal. Midway through the quarter, tight supply conditions persisted as suppliers grappled with reduced production rates stemming from disrupted supplies of upstream Propylene, linked to a global decline in Crude oil inventories. The Federal Reserve Bank's decision to raise interest rates in an effort to curb rising inflation contributed to a decline in buyer demand, resulting in a slowdown in the region's economic growth, with offtakes remaining moderate. Hurricane Idalia, making landfall on August 3...