Ethylene Oxide Price in USA

 

  • United States: $1327/MT

 

The price of ethylene oxide in the United States for Q4 2023 reached $1327/MT in December.

The latest report by IMARC Group, titled "Ethylene Oxide Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of ethylene oxide price trend. This report delves into the price of ethylene oxide globally, presenting a detailed analysis, along with informative ethylene oxide price chart. Through comprehensive ethylene oxide price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the ethylene oxide demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

Ethylene Oxide Prices December 2023:

  • United States: $1327/MT
  • Japan: $935/MT
  • Germany: $1468/MT
  • Saudi Arabia: $1270/MT

 

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The study delves into the factors affecting Ethylene Oxide price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report: https://www.imarcgroup.com/ethylene-oxide-pricing-report/requestsample

Ethylene Oxide Price Trend- Q4 2023

The ethylene oxide market has witnessed dynamic shifts across various regions in the final quarter of 2023, influenced by a multitude of factors. In North America, the market experienced fluctuations stemming from both supply constraints and demand patterns. The temporary shutdown of Dow's Plaquemine plant until Q2 2024 significantly impacted ethylene oxide availability, prompting manufacturers to adjust their pricing strategies to reflect the constrained supply. Moreover, the downstream industries, particularly Ethoxylates and Monoethylene Glycol, exhibited varying degrees of demand, further influencing market sentiments.

Ethylene Oxide Market Analysis

The global ethylene oxide market size reached US$ 51.3 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 74.5 Billion, at a projected CAGR of 4.20% during 2023-2032. Similarly, in Asia-Pacific, the ethylene oxide market observed mixed sentiments driven by fluctuations in feedstock prices and demand from key industries. The bullish trend witnessed earlier in the quarter, especially in Japan, can be attributed to robust demand from downstream sectors coupled with the upward trajectory of feedstock ethylene prices. However, towards the end of the quarter, a decline in ethylene oxide prices ensued as macroeconomic headwinds and low seasonal demand dampened market sentiment.

In Europe, the market exhibited a similar pattern, with fluctuations in ethylene oxide prices mirroring the oscillating demand from downstream industries like Monoethylene Glycol and Ethoxylates. Persistent inflationary pressures and high-interest rates, coupled with low seasonality, weighed down on market dynamics, contributing to a downward trend in prices. BASF's strategic cost-cutting measures and scaled-back investments further underscored the cautious market sentiment prevalent in the region.

Meanwhile, in the Middle East, ethylene oxide prices experienced a fluctuating trend, influenced by shifting demand dynamics and geopolitical factors. While initially, elevated feedstock prices and increased demand from downstream industries drove prices upwards, towards the end of the quarter, market sentiment turned bearish due to tepid demand amidst global economic uncertainties. The decline in crude oil prices, despite turmoil in the region, further alleviated manufacturing costs but failed to stimulate demand significantly.

In summary, the ethylene oxide market's trajectory in the final quarter of 2023 was shaped by a complex interplay of factors, including supply constraints, demand fluctuations, macroeconomic conditions, and geopolitical uncertainties. As we move forward, the market's resilience and adaptability will be tested amidst ongoing challenges, necessitating strategic interventions to navigate the evolving landscape effectively.

Key Points Covered in the Ethylene Oxide Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

  • Ethylene Oxide Prices
  • Ethylene Oxide Price Trend
  • Ethylene Oxide Demand & Supply
  • Ethylene Oxide Market Analysis
  • Demand Supply Analysis by Type
  • Demand Supply Analysis by Application
  • Demand Supply Analysis of Raw Materials
  • Ethylene Oxide Price Analysis
  • Ethylene Oxide Industry Drivers, Restraints, and Opportunities
  • Ethylene Oxide News and Recent developments
  • Global Event Analysis
  • List of Key Players

 

Regional Price Analysis:

  • Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
  • Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
  • North America: United States and Canada
  • Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
  • Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

 

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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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