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Polypropylene Price Trend and Forecast

Polypropylene Pricing in North America saw a reduction in overall demand for the quarter ending December compared to Q3 of FY21. The propylene to polypropylene spread had narrowed significantly by the closing weeks of December normalizing any worthwhile gain in margins accrued by manufacturers and distributors during the months of September and October taking advantage of the historically high freight charges during that period. The second half of Q4 saw a decline in demand for polymers which is a general phenomenon ahead of the holiday season. As per our initial assessment for Q1 of FY22,

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Polypropylene Price Trend and Forecast

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  1. Paraxylene Price Trend and Forecast Q4 started on a strong note for Paraxylene Pricein the North American region, PX market gained from increased demand of Purified Terephthalic Acid (PTA) which forms a precursor for PET bottles. PX prices in USA increased to USD 989 per MT FOB Texas in October, however demand deterioration towards H2 of the last quarter severely hampered the market sentiment and prices went downwards and slumped to USD 865 per MT in December. Drop in demand came on the back of traditional consumption deterioration in lieu of winter holiday season. https://www.chemanalyst.com/Pricing-data/paraxylene-26

  2. Caustic Soda Price Trend and Forecast

  3. Acetone Price Trend and Forecast North America witnessed consistent decline in Acetone Price amidst the appreciable improvement in its supply in the quarter ending December. After the Ida hurricane in Q3, supply of various petrochemicals improved gradually with resumption in plant operations. Plant operating rates almost reached normalcy by Q4 which eventually led to mounting of inventories. Seasonal slowdown in demand especially from the paints and coatings sector has rolled down the prices for solvents like Acetone and MEK in North America. On the other hand, export inquiries have also remained feeble due inventory build-up in various countries. https://www.chemanalyst.com/Pricing-data/acetone--12

  4. Polypropylene Price Trend and Forecast

  5. Benzene Price Trend and Forecast In Q4 2021, Benzene prices showcased an overall upward trajectory with a marginal gain of USD 40/MT from October to December. Benzene price rose effectively on the back of surge in the crude oil values as well as firm demand.

  6. Triethylamine Price Trend and Forecast The Triethylamine Price were surging in the North American market during the fourth quarter of 2021, backed by the intensified prices of Ammonia. The global shortage of nitrogen-based fertilizers was one of the major factors leading towards the augmented ammonia prices. Furthermore, the production of ammonia was sluggish owing to the distorted accessibility of feed as the industry was in the recovery from Hurricane Ida. Consequently.

  7. Contact Us:ChemAnalystContact No:- +16468620089E-Mail:- sales@chemanalyst.comwebsites:-www.chemanalyst.com

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