North America Polyoxymethylene Prices Movement Q3

Polyoxymethylene Prices in USA:

A price chart for polyoxymethylene in the United States shows prices reached 3,060 USD per metric ton in June 2024. While economic growth persisted, a slowdown in manufacturing reduced demand. However, the construction sector remained strong, boosting employment and purchasing activity. Seasonal factors and rising raw material costs led to price increases in the latter part of the quarter, creating a positive market sentiment.

Polyoxymethylene Prices in South Korea:

In June 2024, the price of polyoxymethylene in South Korea reached 2,130 USD per metric ton. Prices went down because there was too much supply and high levels of stock available. Demand from important industries, such as construction and automotive, was weak, meaning fewer purchases were being made. Additionally, bad weather impacted business activities, especially in construction, making it harder for companies to operate effectively. All these factors together led to a negative feeling in the market, making it challenging to keep prices stable.

Polyoxymethylene Prices in Germany:

In June 2024, the price of polyoxymethylene in Germany reached 4,900 USD per metric ton. The market stayed stable even though there were some economic challenges. This stability was helped by a steady supply of the product and lower costs for materials needed to make it, which kept prices from changing much. However, demand from important industries like construction and automotive went down because of high costs and cautious spending by buyers. Throughout the quarter, there were few seasonal changes, resulting in a balanced market where prices did not fluctuate significantly.

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Polyoxymethylene Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Polyoxymethylene price trend, offering key insights into global dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

Request to Get the Sample Report: https://www.imarcgroup.com/Polyoxymethylene-pricing-report/requestsample

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