Liquid Chlorine Price Trend and Forecast

North America

Liquid Chlorine prices led to an upward trend during the third Quarter of 2022, owing to the high energy prices and rising input cost pressure on the Liquid Chlorine market in the USA. Meanwhile, the price elevation emerged from a stronger US dollar globally, impacting the profit margins of the market players. Downstream offers from the domestic market, such as disinfectant and Hydrochloric Acid preparation segment, remained stable in the Quarter ending September 2022. Meanwhile, Olin's declaration of reduction in the Chlor alkali capacity by the end of this year has led to an increase in the buying sentiments in the regional market of Liquid Chlorine. Thus, the price of Liquid Chlorine was assessed at USD 760/ton Contract DEL Texas (USA) in September 2022.

APAC

Liquid Chlorine price momentum showed a southward trajectory in the Quarter ending September 2022 owing to the stability in the downstream demand and substantial Chinese Yuan depreciation against the US dollar. Meanwhile, consumption in the primary Liquid Chlorine consuming Hydrochloric Acid Price manufacturing segment was weak, impacting the commodity's costs. Rising Covid 19 cases in China have weakened production in several chemical-producing cities, such as Shanghai, amidst the lockdown restrictions. Thus, the price of Liquid Chlorine was assessed at USD 55/ton contract EXW-Xinjiang (China) during September 2022. Besides, the cost support from the upstream energy values was weak for Liquid Chlorine in the Asian market.

Europe

The prices of Liquid Chlorine demonstrated stable market sentiments in the European market due to the supply disorder and market uncertainties in the Quarter ending September 2022. The persisting impact of the conflict between Russia and Ukraine has resulted in a cut in Russian gas and oil supplies. As a ripple effect, traders and sellers struggled with high electricity costs during the third Quarter of 2022. The buying interest amongst the domestic buyers in the regional market witnessed weak sentiments, and surplus availability amid slow offtakes remained a key concern for the market players in this Quarter. Demand for the commodity from the downstream industries remained silent in the Quarter ending September 2022.

ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.

Comments

Post a Comment

Popular posts from this blog

Steel Plate Prices in the Global Market

Image
North America In the final quarter of 2022, the Steel Plate prices plunged in the US market owing to the limited inquiries from the downstream segment. In October, major manufacturers were curtailing production activity to fill the supply-demand gap. The Mississippi River's water level had dropped so low that barges had become stuck, resulting in costly dredging and traffic congestion. According to manufacturers, Steel Plate fell as the market remains concerned about logistics. As shippers cannot load as much weight on a barge at low water levels, barges became much more expensive, causing shipping delays. Towards the quarter's end, the inventory level dropped, and Steel Plate manufacturers started raising prices, anticipating a higher demand outlook before the Christmas holiday. Buyers had opted wait-and-watch outlook as the market slowed ahead of the holidays. Thus, Steel Plate (20 mm) prices for Ex Works Texas (USA) settled at USD 1605/MT. Asia Pacific In the Chinese ma
Read more

Levofloxacin Hemihydrate Prices Trend and Forecast

Image
North America Throughout the last quarter of 2022, the North American region, particularly the United States market, showed declining Levofloxacin Hemihydrate Prices . At the start of the fourth quarter, prices stayed relatively steady because demand inclined positively compared to the previous month. The different reasons that have affected the market for practically all commodities, including Levofloxacin Hemihydrate, are still closely monitored by market participants as fluctuating prices feared them for their losses. Until November, the prices held on the upper end due to lessening domestic market's overall supplies and healthy demand. With this, the price of Levofloxacin Hemihydrate was significantly demonstrated at USD 67220/MT CFR Los Angeles. After mod q-4 the prices of Levofloxacin Hemihydrate dropped considerably with the closure of the local market on account of New-year breaks.  Asia Pacific With the end of the Final Quarter of 2022, Levofloxacin Hemihydrate prices
Read more

Global Aluminium Sheet Prices Online

Image
North America Aluminium Sheet prices in the US market showed downward sentiment in the final quarter of 2022 due to lower end-user inventory levels amid bearish sentiment. According to manufacturers, transportation bottlenecks occurred in October caused by a lack of containers, shippers, and truck drivers, and long lead times at ports and other transportation hubs were the primary causes of this tightness. In mid-Q4, headwinds such as the US and LME's ban on Russian aluminium increased the price of an Aluminium sheet. However, during the Thanksgiving holiday, the price of aluminium ingots fell. According to some market participants, the benchmark aluminium premium for Russian and non-Russian aluminium continued to diverge, particularly in light of renewed market speculation that the US may ban Russian aluminium. Alcoa, the largest aluminium producer in the United States, had warned investors that rising energy and raw material costs, as well as a drop in aluminium prices, were p
Read more