North America Propylene Glycol Prices Movement Q3:

Propylene Glycol Prices in United States:

In September 2024, propylene glycol prices in the United States reached 1260 USD/MT, setting the trend for Q3. In the region, sharp price declines were observed as a result of abundant supply and weakened demand across key sectors. The market was further impacted by a cautious consumer outlook, with businesses hesitant to make large investments amid uncertainty. This subdued sentiment led to a reduction in overall purchasing activity, putting downward pressure on prices. To remain competitive, companies made price adjustments, attempting to maintain market share in a consistently bearish environment. These factors combined to create a challenging market landscape, with prices continuing to slide as demand remained sluggish and supply remained ample.

APAC Propylene Glycol Prices Movement Q3:

Propylene Glycol Prices in Singapore:

In September 2024, propylene glycol prices in Singapore stabilized at 980 USD/MT for Q3.The market experienced significant price declines due to a combination of weak domestic and international demand, alongside ongoing economic uncertainties. These factors contributed to a persistent downward trend as businesses and consumers remained cautious in their spending. Additionally, supply chain disruptions worsened the situation by exacerbating oversupply, further driving prices down throughout the quarter. As a result, the market reflected poor consumer sentiment, with stakeholders hesitant to make purchases amid instability. The combination of these elements reinforced the downward price trajectory, creating a challenging environment for producers and consumers alike.

Europe Propylene Glycol Price Movement:

In September 2024, propylene glycol prices in the Netherlands reached 1360 USD/MT for Q3. The market experienced a significant price decline, driven primarily by reduced domestic demand and ongoing logistical disruptions. These challenges were further compounded by a pessimistic economic outlook, which dampened business sentiment and led to cautious spending across sectors. Rising shipping costs added additional strain on purchasing behaviour, as higher transportation expenses made goods less affordable and less appealing. As a result, these combined factors reinforced the negative market trend, contributing to a steady price drop throughout the period. Businesses faced increased uncertainty, and the overall economic environment remained challenging for both producers and consumers.

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Propylene Glycol Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Propylene Glycol price trend, offering key insights into global Propylene Glycol market 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 Propylene Glycol 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/propylene-glycol-pricing-report/requestsample

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