Chemical Price | Prices | Pricing | Monitoring | ChemAnalyst

For the Quarter Ending September 2023 North America In September,  Propylene glycol prices  in North America experienced a 2.87% decline compared to July levels. The third quarter witnessed a deceleration in the growth of US company operations, attributed to reduced demand from both domestic and global markets. In the United States, inflation rose to 3.7% in August, marking the first increase since June 2022. This uptick was driven by a substantial rise in energy prices towards the end of summer, adversely impacting consumer confidence. The mounting inflationary pressures indicate a deviation from the Federal Reserve's 2% target rate, prompting officials to consider raising interest rates later in the year. The Federal Reserve had previously raised its key policy interest rate by 0.25 percent in July, the eleventh such increase in 17 months, aiming to address persistent inflation and its impact on market demand. September witnessed increased economic uncertainty and weakened c...