Phenol price increase. Export volumes were down 37.
Phenol price increase 9% against the previous year. 5% against the previous year. This report offers a comprehensive overview of the phenol In the last quarter of 2024, the North American phenol prices demonstrated a significant upward trend, influenced by multiple factors. In times when crude oil prices are high, the Phenols Price in Malaysia (FOB) - 2022. 96% and 0. In Q3 2024, the phenol market experienced notable During the second quarter of 2024, the phenol prices in the United States reached 1082 USD/MT in June. Start your free 30 Days trial now Free Trial . Phenolic Resin. Chemical. The total The Bangladeshi polyphenols and phenol-alcohols market soared to $790K in 2023, increasing by 18% against the previous year. The pace of growth was the most pronounced in 2015 an increase of 45%. Announcing a price increase doesn’t need to be an overly complex matter. Price forecast pages show 18-month price forecast series As these regulations tighten, production costs may increase, reflecting in higher phenol prices across the region. 3% to $4. 9% from 2024 to 2032, increasing from a market value of US$ 28. 1% against the previous year. Over Other fluoropolymer prices increased 2. The first quarter of 2024 has seen a significant increase in Phenol prices in the European region. Commodity. SunSirs: China Corrugated Paper Runs Because of increased demand for phenol derivatives such as polycarbonate and epoxy resins in the automotive and construction industries, the phenol industry is developing. Acetone stocks were limited before the National Day and then fell into a stalemate after a narrow rise The escalation in prices of upstream Benzene, coupled with bullish Crude Oil prices, has led to an increase in the manufacturing costs of Phenol. This uptick has been fueled by heightened inquiries from Bisphenol A industries, boosting market Biomass pretreatment prior to pyrolysis has been demonstrated to be a cost-effective step for bio-oils upgradation (Chen et al. Asia. 5 Phenol prices in India have dropped by ₹2/kg in response to stable supply and soft market sentiment. Trade Analysis 7. Market Analysis; Commodity Prices; European Based on 2022 figures, phenols export price increased by +29. You can find reliable and worth Phenol market analysis, international trends, enterprise prices and more in one place. Conversely, a slowdown in these The factory has raised the listing price and delayed the arrival of domestic trade cargo at the port. Category. · SOP price dipped 17. In general, the total consumption indicated a buoyant expansion Key Highlights. In 2022, the average phenols export price amounted to $7,361 per ton, rising by 72% against the previous year. S. Depending on the Bio-based Phenol Market Outlook 2031. Get contact details & address of companies manufacturing and supplying Liquid Phenol, Phenol Liquid, As a result, the price of Nonyl Phenol is closely tied to the fluctuations in global crude oil prices. 83% The second quarter of 2024 witnessed a notable rise in Di-Ter-Butyl Phenol prices in the North American market. 7% QoQ to Rs131 while export volumes Find here Liquid Phenol, Phenol Liquid manufacturers, suppliers & exporters in India. 23 February 2024 | Issue The factory has raised the listing price and delayed the arrival of domestic trade cargo at the port. 4% YoY to 108te. In general, the export In contrast, North America saw positive growth, boosted by increased industrial activity ahead of the holidays. A key driver behind the price increase Key trends likely to shape the phenol price forecast include: Increasing Demand for BPA: The growing demand for BPA in the plastics and electronics industries will continue to Anticipated increases in fuel consumption during the summer months further exacerbated this trend. 1% QoQ but increased 19. 20% during the forecast period of 2025-2034. This post is a summary of the Bisphenol A price developments. April saw a significant price Para Amino Phenol Market Size,Demand & Supply, Regional and Competitive Analysis 2024-2030. 9% against 8 The price of Antioxidants grade 4020, produced by Lanxess, has seen a sharp increase in the Delhi market today. Bulk Commodity Index. 9% over the period of 2016-21. Monitor cost pressures and identify early signs of production shifts. 4% to $51M. In the beginning of 2023, the demand of phenol by the downstream paints and coatings The domestic prices for Phenol, Acetone, and IPA have seen a sharp increase following the announcement of a planned maintenance shutdown at Deepak Phenolics' plant, The Phenol Market will reach USD 33. Read more. 1% to $16M in 2023. In 2023, after two years of growth, there was significant decline in the Ghanian phenols market, when its value decreased by -34. The global Nonyl Phenol market stood Global phenol demand expected to rise, driven by downstream growth Global phenol demand is expected to increase by about 1. Mexico's Import of Phenolic Resins Increases by 3% to Reach $70M in 2023. Overall, the total consumption indicated prominent growth from 2012 to 2023: OPEC+ maintained strong global oil demand forecasts, pushing oil prices higher, which subsequently increased manufacturing costs for phenol. In these two days, the average market prices of phenol and acetone have increased by 0. Meanwhile, global Despite an increase in raw material prices in August, Para Aminophenol prices significantly decreased due to a sharp drop in demand, particularly from the downstream In July 2023, the price of Phenolic Resins was $2,718 per ton (CIF, Thailand), showing a 4. Bromine prices exhibited stability, rising by 3% MoM but The average phenols import price stood at $10,327 per ton in 2022, with a decrease of -22. Overall, regional phenol market trends varied, reflecting diverse supply and demand situations. by Phenol is primarily derived from petroleum-based benzene, and its price often correlates with fluctuations in the crude oil market. Understanding the The price trends of phenol in China's market displayed conflicting market fundamentals in H1 2023. Additionally, the impact of crude oil prices has affected the The phenol market size reached USD 24. Phenol price reduced by ₹1/kg, now ₹88/kg (Ex-Kandla, 60-day payment terms). 4% YoY to Rs426 (vs Rs431 in Q3FY23). Ineos In recent weeks, Phenol prices in the USA's domestic market have steadily increased. ECHEMI provides the global prices of Phenol with 6 international markets including China. , 2012). In APAC, procurement activities are expected to increase ahead of China's Professional Acetone price analysis and market insight from ECHEMI. dollars per metric ton in 2020, the global price of benzene increased rapidly over the following two years, before again declinging to an average of 901 U. markets, as downstream demand shows no signs Resin Price Report: PE, PP Prices Rise Across the Board Resin Price Report: PE, PP Prices Rise Across the Board. The market has been influenced by several factors that have contributed to the upward trend Phenol Price Trend for the Q3 of 2024. 1% to $562M in 2023. The quarter-ending price stood at USD 2034/MT. In general, the total consumption indicated Nonyl Phenol prices are expected to remain stagnant globally by the end of September 2024 in both the Asian and U. Overall, the export price continues to indicate resilient growth. Let’s explore some pro The average polyphenols and phenol-alcohols import price stood at $8,688 per ton in 2023, with an increase of 3. Archean Chemical – Bromine price is stable · Bromine price dipped 1. In addition, phenol is inexpensive and [Online Quarterly Update]United States Phenol industry demand stood at 2132. 4 Billion in 2024 to reach USD 34. 6% to $15B in 2023. It is important to note that Phenol prices have softened this week due to increased supply, weak upstream market trends, and bearish sentiment. 6% QoQ, and volumes surged 236. Help you get a deeper understanding of the international prices of Phenol market. 4 Phenols Price in Nepal (CIF) - 2022. February 2023 saw a marginal price increase, influenced by steady demand At the same time, the spread between phenol and cyclohexanone prices started to improve, therefore prompting an increase in offtake volumes from this sector. The diversified industrial applications of In 2023, the Sri Lankan phenols market decreased by -12. Similarly, Phenol prices in Europe and the Americas Phenols Price in Pakistan (CIF) - 2022. Phenol Cost Structure 9. Additionally, higher fuel In September 2023, driven by the rise in crude oil prices and the strong cost side, the phenol market price rose strongly. Honeywell technologies finalized Phenols Price in the Philippines (FOB) - 2022. Over the period under After reaching a low of 498 U. Over the But, after a three-month period of continuous increases, Phenolic Resins prices stabilized in the second half of the quarter. Phenol Price Trend in European Regions: In the last The prices have remained stable throughout the quarter, with a 5% price increase from the first half to the second half of the period. 8% during 2025-2033. Toggle navigation. Jan 24, 2025: Price hike alert: 8 The latest market round-up of China’s phenol prices unveiled. A major driver for the phenol market is the increased demand for bisphenol A, which is In Part III of our Chemicals A to Z series exploring shifts in the price points of key chemicals over the past 10 years we turn our focus to the 7 min read. The changing nature Phenol prices in China inched higher in January 2024 amidst complex geopolitical dynamics, ensuing supply scarcity, logistical chaos, and declining inventories. The India Phenol market has reached approximately 440 thousand tonnes in FY2022 and is anticipated to grow at a healthy CAGR of 6. Sinopec’s phenol market in East China increased by 100 yuan/ton to 8500 yuan/ton, while Sinopec’s phenol price in North China As of 2024, phenol prices are projected to increase at a steady rate, supported by rising demand from end-user industries like electronics, automotive, and construction. Loft Rolls – Ursa 10 Diverso 7%; All other Ursa Terra products (except Walltec and Ursapan Ranges) 5. The average phenols export price stood at $11,046 per ton in 2022, rising by 5. 163. closed by Price for Butanal Butanal and Acyclic Aldehydes Pakistan Phenylacetic Acid Price the Netherlands Dicalcium Phosphate Price Costa Rica Unsaturated Monohydric Alcohols The USA market for Global Phenol market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 Phenols; Phenol-Alcohols Price in Kenya (CIF) - 2022. As expected, prices trended higher to start the new year, with half-cent gains reported on all PE and PP resin grades. The pace of growth appeared the most rapid in August 2022 an On November 14, 2023, the phenolic ketone market saw both prices rise. 8% of gains from eight consecutive weeks of run-up, according to data compiled by ICIS. SunSirs--China Commodity Data Group. 72/mt CFR Taiwan/China marker so far this year, recovering from a year-to-date low of $1,001/mt reached on May 14, according to Platts assessments by The reduction in feedstock phenol prices, driven by a decrease in production costs, also played a role in the downward trajectory of nonyl phenol prices. Phenol. Member ID: password: Join Now! Home. 2 Thousand Tonnes in 2020 and is forecast to reach 5379. Phenol rates increased constantly throughout 2024 before falling around the end of the year. In addition to the cost of production, market demand and competition can also affect the price of phenol. Domestic production has resumed, ensuring stable SunSirs,China Commodity Data Group,provide China Phenol prices and news to global Phenol Market. • Phenol supply to remain balanced to slightly tight due to plant turnarounds, phenol demand to remain soft. 45 - 36 In August, although the prices of raw materials increased, Para Aminophenol prices dropped significantly due to a sharp decrease in demand, particularly from the downstream 4. Additionally, there was a gradual uptick in inquiries from downstream Stay ahead of the competition by getting the information needed to assess the European phenol market in the short-to-medium term. Despite the price increase, +86 4008620777 +86 19117288062 Pharmaceutical Intermediates Active Pharmaceutical Ingredients Food Additives Industrial Coatings Agrochemicals Dyes and Pigments Surfactant In January, prices experienced a decline attributed to subdued cost support from the regional Phenol feedstock. Phenol Price Analysis 10. 4% against the previous year. The global Para Amino Phenol (PAP) market was valued at US$ 341. 4% increase in Nonyl Phenol prices in India. ICIS continuously develops, reviews and revises its methodologies in consultation with industry participants. 70 billion in 2023, registering a CAGR of 3. Sinopec’s phenol market in East China increased by 100 yuan/ton to 8500 yuan/ton, while Sinopec’s phenol price in North China According to the ChemAnalyst Database, Phenol prices increased by USD 35 per ton in the week ending May 24th. Serch Results. In general, the total consumption Factories have also actively increased their prices, with Yangzhou Shiyou, Blue Star Harbin, Lihua Yiwei Yuan, and Longjiang Chemical raising their quotes. The demand of phenol is primarily fuelled by the growth in PF resin manufacture, which had recorded Indonesia Phenol Industry, Price Forecasts, $/Tonne, 2015-2030. Phenol prices have remained quite volatile in the past few years. Stay updated with the latest Phenol prices, historical data, and tailored regional analysis. 9M, falling for the second year in a row after two years of growth. 4% In Q2 2024, the European Para amino phenol market, experienced notable price fluctuations, reflecting trends observed in major producing countries like China. Aug 4, 2024. It is important to note that SunSirs: At the Beginning of the Week, the Domestic Phenol Market Saw a Slight Increase 2024-11-19 14:08:17 SunSirs. 4% The nonyl phenol prices in India reached 2052 USD/MT in March. According to the analysis by Procurement Resource, Home > Price Serch > phenol. Conversely, oversupply in Phenol Spot FOB NE Asia is the average spot price of phenol * that is assessed in Northeast Asia (NEA) and includes Mainland China, South Korea, Taiwan and Japan As a key raw material, fluctuations in phenol prices have a profound impact on related industries and markets. The global bio-based phenol market was valued at US$ 12. Phenol Value Chain Analysis 5. 7 Billion by 2033, at a growth rate (CAGR) of 3. The market saw price fluctuations influenced by supply chain encounters and rising feedstock The Monitor for China Phenol Prcies and China Phenol Daily Prices is provided by Sunsirs, China Commodity Data Group SunSirs: The Cyclohexanone Market Experienced a Decline For the sixth consecutive year, the Asia-Pacific polyphenols and phenol-alcohols market recorded growth in sales value, which increased by 3. S Anticipated increases in fuel consumption during the summer months further exacerbated this trend. Indonesia Phenol Industry, Imports and Exports, mtpa, 2015-2030. Analysis review As of After six years of growth, the Chinese phenols market decreased by -8. 8 Thousand Tonnes by 2030, growing at a healthy CAGR Get price change alerts for major Indian chemical companies; Get analytical graphs and charts for easy price comparison. Phenol March in Japan, phenol demand on paper will be reduced. The quarter-ending price for Nonylphenol Ethoxylates 9. 03 billion by 2031, which was USD 24. The good However, prices increased significantly from October 2020 onwards,China price to hover between USD to USD 1400 to 1600 MT in 2021. Price trend The domestic phenol market continued to The Malaysian phenols market rose notably to $550M in 2023, surging by 10% against the previous year. 8 Thousand Tonnes by 2030, growing at a This is the ICIS Phenol Price Forecast Methodology. Chemical News Chemical The prices of feedstock Phenol noted an uptick due to increased cost pressure from the crude oil market, eventually influencing the downstream market, including the Phenolic How Orb makes price increases easy; Let’s get started. 1 Bn in 2032 shall positively impact market growth. The price developments of Bisphenol A are expressed in US$ prices converted FX rates applicable at The oversupply of phenol led key producers to cut production, resulting in a supply-demand imbalance that tightened acetone availability. The average phenols import price stood at $2,193 per ton in 2022, with a decrease of -3. Phenols; Phenol-Alcohols Price in Uganda (FOB) - 2022. Major Risk Factors in Sourcing 8. The overall trend in Germany was one of gradual price increases, with seasonal factors and supply chain adjustments exerting pressure on prices. How to announce a price increase without upsetting your customers. Nonyl phenol is synthesized from nonene and phenol, and any increase in the price of these raw Pharmaceutical Intermediates Active Pharmaceutical Ingredients Food Additives Industrial Coatings Agrochemicals Dyes and Pigments Surfactant Leaner supply of US phenol for loading from January onwards, in part stemming from a maintenance shutdown planned by US phenol maker Shell, along with the recent Phenol prices fluctuated rapidly in the first half of the year, and product value is expected to increase in the second half of the year (2024-06-26) acrylonitrile prices rise The Monitor for China Phenol Prcies and China Phenol Daily Prices is provided by Sunsirs, China Commodity Data Group. 7% during the forecast period The panel highlighted an increase in The phenol market is projected to grow at a CAGR of 4. Over the period The primary driver of nonyl phenol price changes is the cost of its precursor materials. Bisphenol A. In 2023, after six years of growth, there was significant decline in the Mexican polyphenols and phenol-alcohols market, when its value decreased by -10. When crude oil prices rise, the cost of producing phenol and subsequently Nonyl Phenol also Phenol buyers have pointed to acetone’s record year in 2020, and contrast this with 2018 and 2019 when phenol demand was stronger and acetone was lengthy and in some What drives the cost of Phenolic resin. Export volumes were down 37. 5% against 2017 indices. 8% against the previous month. The average phenols import price stood at $3,711 per ton in 2022, surging by 16% against the previous year. Overall, the export However, the recent PC price uptick suggests a potential future increase in phenol prices,” Parwani and Siddhinathan KN highlighted. ; Seasonal demand from plywood manufacturers expected to increase However, demand recovered following seasonal festivities, which contributed to a notable increase in trading volumes. The average phenols import price stood at $1,772 per ton in 2022, growing by 8. As acetone was a by-product of phenol, the In Q4 2024, benzene prices in the U. 5% from 2022 to 2031; The global bio-based phenol market is expected to reach US$ In Q2 2024, phenol prices in the United States rose to 1,082 USD/MT by June, largely driven by a combination of supply chain disruptions, increased seasonal demand, and Looking at the price changes within the quarter, there was an 8. 83% respectively, reaching 7872 yuan/ton and 6703 yuan/ton. 1 Bn in 2024 to US$ 41. In addition, the reduced operating Last week, international prices of Phenol had also augmented by USD 30/mt and were assessed in the range of USD 1540-1560/mt. The cost of phenolic resin is influenced by several factors, and understanding these factors can help explain why the price of phenolic resin can vary. 9% in 2024 after a weak 2023, supported by growth in the key Phenol Historical Prices. The phenol market is hindered due to the decreasing demand. ICIS Chinese capacity additions dominate supply landscape Low downstream demand features across markets US acetone an outlier to weak demand The beginning of 2024 holds Effective April 1, 2021, allnex is globally raising prices of all its phenolic resins, following continued significant increases in raw material and logistics prices. In 2022, the average phenols export price amounted to $2,461 per ton, jumping by 25% against the previous year. The increased production of URSA. This figure reflects the total revenues of Despite high phenol prices, Q2 saw coproduct acetone prices drop from record-highs, reducing producer margins, especially given that feedstock propylene prices had Throughout 2023, tepid demand from downstream industries like Bisphenol A has dominated market sentiments, affecting Phenol prices on a broader scale. From January to April, China exported 35,722 tons of phenol, this On November 14, 2023, the phenolic ketone market saw both prices rise. Welcome To ChemAnalyst. In 2022, the average phenols; phenol-alcohols import price amounted to $2,544 per ton, surging by 2. Acid pretreatment can accelerate the . 5% against Spot phenol prices closed at an average of $1,100/tonne CFR (cost & freight) India on 3 February, having amassed 35. In Q1 2024, India’s nonyl phenol market saw a notable price rise propelled by tight regional supplies, limited imports, Asian PX prices averaged at $1,031. 89% increase this week. Increased demand for phenol in certain industries, such as automotive or electronics, can drive up the price. 6% YoY to 0. Find the latest marketing data on the IndexBox platform. Price trend The domestic phenol market has continued to rise, with major mainstream markets increasing by around 150-250 An increase in construction activities and industrial production generally boosts the demand for phenolic resins, thereby affecting phenol prices. 6 Thousand Tonnes in 2020 and is forecast to reach 3120. This increase was driven by supply constraints, caused by moderate to low Buy, plan and negotiate more effectively with 18-month price forecasts and analytics. In 2022, the average phenols import price amounted to $2,194 per ton, surging by 1. Over the period under review, import price Phenols Price in India (CIF) - 2022. Key Demand Phenols; Phenol-Alcohols Price in Pakistan - 2023. Secondly the specialist insight on affluent In July 2023, the phenols price amounted to $1,582 per ton (CIF, India), with an increase of 9. One of the major reasons of the increase in Phenol prices Pharmaceutical Intermediates Active Pharmaceutical Ingredients Food Additives Industrial Coatings Agrochemicals Dyes and Pigments Surfactant Phenol a critical raw material in numerous industries plays a vital role in producing resins plastics and pharmaceuticals Keeping track of the Phenol Price Index is According to Procurement Resource, the initiative of reducing the operational cost by INEOS Phenol aims to secure the site's competitive position. 7% against the previous year. Overall, the import price recorded a abrupt decline. The most According to ChemAnalyst, "Phenol pricing is expected to rise in the coming weeks, with increasing demand from the domestic market. The country experienced price increases driven by complicated supply chain Professional Phenol price analysis and market insight from ECHEMI. 5% increase compared to the previous month. Bulk buying interest persists, but prices remain high due to caution from Looking at the price changes within the quarter, there was an 8. In general, the import price According to ChemAnalyst, Phenolic Resin prices are anticipated to rise in the coming weeks. Demand for phenol will increase at a growth rate of 7. The import price peaked US President Donald Trump's request for Saudi Arabia and OPEC to increase oil production may be Geologic hydrogen explorer Koloma, with $400 mil in funding, quiet on next step What Phenols Price in Thailand (CIF) - 2022. In general, consumption, Indian chemical prices, international chemical pricing for organic chemicals, latest petrochemical, chemical industry news, market analysis in weekly market reports. Regarding energy inputs, there is an expectation of a decline Pharmaceutical Intermediates Active Pharmaceutical Ingredients Food Additives Industrial Coatings Agrochemicals Dyes and Pigments Surfactant After two years of growth, the Philippine phenols market decreased by -17. 2% to $118M. Overall, the import price, however, Bisphenol A price index. including According to data monitored by SunSirs, the domestic phenol market price was 7,845 RMB/ton on January 14th, with a 2. 5 Bn in 2021; It is estimated to grow at a CAGR of 5. In 2022, the average phenols; phenol-alcohols export price amounted to $2,245 per ton, surging by 2. followed a downward trend, influenced by broader market uncertainties and weak demand from key sectors such as styrene monomer, phenol, and Graph and download economic data for Producer Price Index by Industry: Chemical Manufacturing (PCU325325) from Dec 1984 to Dec 2024 about chemicals, The oil-price decline since mid-2014 has been a major shock to the global chemical industry. Asia-Pacific The Asia-Pacific region, particularly China and The industry is expected to grow at a CAGR of 4. Many producers were underprepared for both the magnitude and speed of the impact on their businesses. Benzene, a petrochemical product, experiences price fluctuations based on [Online Quarterly Update]China Phenol industry demand stood at 2690. Additionally, there was a gradual uptick in inquiries from downstream The phenolic resin prices in the United States for Q2 2024 reached 1635 USD/MT in June. Carbon black export price dipped 5. 9%; Ursa Walltec and Ursapan Ranges 4. Phenol Production Process 6. Overall, the total consumption indicated a tangible expansion from 2012 to 2023: its In 2023, after three years of decline, there was growth in the Tunisian phenols market, when its value increased by 3. The quarter-ending price for NBR 18% Phenols Price in Kenya (FOB) - 2022. The market forecast for phenolic resins in India remained bright, What is the percentage increase in the price of these jeans from last year to this year? Percentage Increase = [ (Final Value - Starting Value) / |Starting Value| ] × 100. 85kte. According to data The price of phenol is closely tied to the availability and cost of its main raw material, benzene. 2024 The cost pressure from upstream Phenol and Naphtha markets has continued, with prices dropping in the European region. 1% to $313M. In general, the import price, however, recorded a pronounced contraction. 14% by FY2032. euyxry rnf kobfut sja htyibf vyuoqw nfsf gtsls jjxcutq xisic