Title: Mono Propylene Glycol Prices online
1Mono 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
2New Updated Mono Propylene Glycol Prices online
3Mono 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
4Mono Propylene Glycol Supply in Global Market
online
5The 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
6Mono Propylene Glycol Price Trend and Forecast
7Demand of Mono Propylene Glycol online
8The price movement of Mono Propylene Glycol
scaled down in the European market
9Mono 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.
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