Isothiazolinone Price in China
- China: 1710 USD/MT (Isothiazolinone MIT 14%)
The isothiazolinone prices in the China for Q4 2023 reached 1710 USD/MT in December.
The latest report by IMARC Group, titled "Isothiazolinone Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of Isothiazolinone prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive 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 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.
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The study delves into the factors affecting isothiazolinone 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.
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Isothiazolinone Price Trend- Last Quarter
The Isothiazolinone market was driven by various factors that shaped its price dynamics and demand-supply balance. The North American market was notably influenced by the reduction in crude oil costs, which eased production expenses and combined with an oversupply situation, initially drove prices down. However, the market rebounded toward the end of the quarter as higher transportation costs and cautious operational practices in key regions like the US Gulf Coast resulted in increased prices.
In the APAC region, a sharp surge in international demand, particularly from Europe, coupled with elevated ocean freight rates, propelled prices upward. This demand was primarily driven by restocking activities, even as domestic demand remained relatively subdued. The European market, in contrast, witnessed declining prices due to oversupply, largely from inexpensive imports and reduced crude oil prices, which diminished production costs. Seasonal factors like rainy weather and logistical disruptions further compounded the downward pressure on prices. Collectively, these factors highlight the complex interplay between supply chain dynamics, international demand, and regional economic conditions in shaping the Isothiazolinone market.
Isothiazolinone Industry Analysis
In Q2 2024, Isothiazolinone prices in North America fluctuated due to changes in crude oil costs and supply chain dynamics. Initially, prices decreased because of lower crude oil prices and oversupply. However, by June 2024, prices started to rise because of increased production costs and transportation expenses, particularly in the US Gulf Coast region. Challenges like extended delivery times and disruptions in maritime transportation also contributed to the price increase. During Q2 2024, Isothiazolinone prices in the APAC region surged due to increased international demand, especially from European importers. Rising freight charges and input costs added to the upward trajectory. Domestic manufacturing remained strong, but local demand was weak compared to international demand. Despite ongoing refinery maintenance, the stable supply chain ensured consistent price increases throughout the quarter.
In Europe, the Isothiazolinone market faced significant price decreases during Q2 2024 due to several adverse factors. Declining crude oil prices lowered production costs, contributing to the downward price trend. The market was further pressured by an oversupply situation caused by an influx of inexpensive imports from neighboring regions. Despite moderate downstream demand, supply consistently exceeded demand, leading to a negative pricing environment. Seasonal factors, such as rainy weather and severe flooding in Germany, reduced downstream procurement activities and exacerbated logistical challenges, leading to substantial price decreases, particularly in Germany, where the market was notably strained by these adverse conditions.
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
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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