Mono Propylene Glycol Prices online

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Mono Propylene Glycol Prices online

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At the start of Q3 2022, the Mono Propylene Glycol prices followed a downward trajectory in North America due to the declining costs of its primary feedstock- propylene oxide with weakened downstream demand from pharmaceutical and personal care industries. In terms of supply, there were ample inventories in the market, and suppliers met the overall demand of regional and overseas buyers, which affected the Mono Propylene Glycol market. – PowerPoint PPT presentation

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Title: Mono Propylene Glycol Prices online


1
Mono Propylene Glycol Price Trend and Forecast
  • At the start of Q3 2022, the Mono Propylene
    Glycol price followed a downward trajectory in
    North America due to the declining costs of its
    primary feedstock- propylene oxide with weakened
    downstream demand from pharmaceutical and
    personal care industries. In terms of supply,
    there were ample inventories in the market, and
    suppliers met the overall demand of regional and
    overseas buyers, which affected the Mono
    Propylene Glycol market. Fragile trading activity
    in Canada and Mexico also resulted in bearish
    market sentiments regarding Mono Propylene Glycol
    prices. However, towards the end of this quarter,
    the price trends for Mono Propylene Glycol
    started tipping towards the higher end of the
    scale, with values assessed at USD 3233/MT.
  • https//www.chemanalyst.com/Pricing-data/mono-prop
    ylene-glycol-1484

2
New Updated Mono Propylene Glycol Prices online
3
Mono Propylene Glycol Pricing online
  • The price movement of Mono Propylene Glycol
    scaled down in the European market with the onset
    of Q3 2022, and the prices contracted on the back
    of continuous reduction in the feedstock
    Propylene Oxide prices, which reduced the
    production cost of the product. Also, the
    European demand decreased significantly post
    inflation because product offtakes remained less
    from the regional market by the end-user
    pharmaceutical producers, who were cautious
    before making any purchase. The companies reduced
    their profit margins to increase the trade of
    goods in the market, which further levied its
    impact on the offers for the pharma and
    industrial grade in the European market. Also,
    depreciated currency values further reflected the
    prices negatively. By the termination of Q3, Mono
    Propylene Glycol prices slightly raised due to a
    firmer propylene oxide market and more vital
    regional buying trends. As per the data, the Mono
    Propylene Glycol prices for pharma grade in
    Germany settled at USD 3236/MT FOB Hamburg.
  • https//www.chemanalyst.com/Pricing-data/mono-prop
    ylene-glycol-1484

4
Mono Propylene Glycol Supply in Global Market
online
5
The Mono Propylene Glycol market online
  • During the third quarter of 2022, the Mono
    Propylene Glycol market exhibited sluggish market
    sentiments across the Asia Pacific region. The
    feedstock Propylene oxide consistently fluctuated
    in the Asian market with weakened cost support
    towards Mono Propylene Glycol. The manufacturers
    of Mono Propylene Glycol had high inventory, so
    the market stock was abundant. Also, the
    production cost for the pharmaceutical grade
    continued to deteriorate throughout the third
    quarter, prompting producers to keep the prices
    lower. The demand for Mono Propylene Glycol in
    downstream pharmaceutical industries was
    relatively bleak in the regional market despite
    the prominent price gap between Mono Propylene
    Glycol and other alcohols. The sinking trading
    atmosphere due to reduced imports from overseas
    prompted decreased Mono Propylene glycol prices
    in India. The Mono Propylene Glycol prices in the
    Indian market staggered downwards and dropped by
    3.5 till August. By the end of the quarter, the
    market started to improve, with prices
    stabilizing at INR 206000/MT Ex- Mumbai and INR
    171800/MT CFR JNPT due to better demand and
    limited supply.
  • https//www.chemanalyst.com/Pricing-data/mono-prop
    ylene-glycol-1484

6
Mono Propylene Glycol Price Trend and Forecast
7
Demand of Mono Propylene Glycol online
8
The price movement of Mono Propylene Glycol
scaled down in the European market
9
Mono Propylene Glycol prices followed a downward
trajectory in North America
  • During the third quarter of 2022, the Mono
    Propylene Glycol market exhibited sluggish market
    sentiments across the Asia Pacific region. The
    feedstock Propylene oxide consistently fluctuated
    in the Asian market with weakened cost support
    towards Mono Propylene Glycol.
  • At the start of Q3 2022, the Mono Propylene
    Glycol prices followed a downward trajectory in
    North America due to the declining costs of its
    primary feedstock- propylene oxide with weakened
    downstream demand from pharmaceutical and
    personal care industries.

10
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