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North America In North America, the Hastelloy prices stagnated in the final quarter of 2022 amidst fluctuating demand outlook and raw material prices. Nickel had a turbulent year following the outbreak of the Russia-Ukraine war in February, a short squeeze in March, and the fragmentation of physical nickel forms due to the rapid rise of class 2 and intermediate products. However, the macroeconomic-driven broader economic downturn has delayed the return of absolute stability. The LME decided to maintain the status quo in mid-Q4. Hastelloy producers claim that changes in alloy surcharges and mill raw material costs will be the primary factors influencing Hastelloy prices in 2022. As input demand fell and materials became more readily available at suppliers, inflationary pressures were relieved even further. As a result, Hastelloy C-276 prices for Ex Florida (USA) were fixed in December at USD 135070/MT. Asia Pacific Towards the closure of Q4, the Hastelloy prices edged downward in t...

North America Throughout quarter IV of 2022, Hexamethylene Diisocyanate prices fluctuated in the North American region. Initially, the product prices increased due to increased feedstock Nitric Acid and Ammonia prices due to high upstream costs amid rising inflation and consistent demand and offtakes of products from the downstream Polyurethane industries. The orders for the Polyurethane form were firm from the manufacturing sector during H1 of Q4 due to expected consumer demand from the automotive producers and furnishing mills because of upbeat consumer sentiment. However, in the mid-quarter, the price trend shifted, and HDI prices decreased on the back of increased inventory levels due to reduced import orders and a reduction in the upstream costs due to a decline in the WTI Crude oil prices. Finally, at the end month of Q4, the product prices decreased further on the back of low offtakes from end-use industries.   Asia At the beginning of quarter IV of 2022, Hexamethy...

North America The Ethylenediamine Prices decreased in the fourth quarter of 2022 as a result of the declining feedstock of ammonia in the US market. In the fourth quarter, the global market remained stagnant, and the product was stockpiled due to declining orders from the overseas and US domestic markets. The low demand from the downstream automotive, paints, and other key driving sectors also contributed to the negative price trend. Consumer spending and purchases decreased as a result of high-interest rates and inflation. The approaching holiday in the final month of Q4 further reduced buyer demand and orders in the USA market.     APAC Due to weak cost pressure from feedstock Ammonia Price from the Asian market, the price of Ethylenediamine decreased throughout the fourth quarter of 2022. Further, the demand from the downstream paints, adhesives, and other sectors saw a decline during Q4. The government imposed the zero COVID restriction in China during Q4, which...

North America Due to consistent demand from the Aluminium sector, Bauxite prices in North America increased throughout the third Quarter of 2022. At the termination of Q3 of 2022, the local market had limited supply and strong demand because of port congestion at the container terminals of the US west coast and high inflationary costs pressure on the commodity market amid a rise in the upstream energy values. The prices were also impacted by the increasing demand from the downstream industries, including metallurgy and chemical industries. Meanwhile, traders indulged in making sales at high-profit margins by passing the cost burden to the customers in the domestic market.   APAC The Bauxite prices showed an upward trend with increased downstream demand during the third Quarter of 2022. The commodity prices on the spot market rose with Aluminium Sheet Price in the APAC region. The Indonesian government will stop the Bauxite cargo movement at the end of 2022, pushing downs...

North America Over the first half of the fourth quarter, Epinephrine prices gradually increased at a moderate rate in North America. End-user demand from the pharmaceutical industry kept Epinephrine costs on the sturdy end. Additionally, there was a steep decline in supply chain disruption in the six months leading up to November across several measures, including shipping costs, which further strengthened the Epinephrine market in an upward direction. However, towards the end of q4, they started to fall precipitously due to a major decrease in their offtakes and New year breaks. Prices for Epinephrine stayed on the North side, with the settlement at USD 2448000 /MT CFR Los Angeles. APAC In the fourth quarter of 2022, Epinephrine prices in the Asia Pacific area, particularly in China, plummet by the end of December. However, prices remained on the upper side throughout the initial half of q4 due to increased downstream demand balanced with adequate supplies among market particip...

North America Lithium Metal prices witnessed a plunging price trend in the third quarter of 2022 in the US market. According to market participants, rising demand for consumer electronics and lithium for producing electric vehicle (EV) batteries caused lithium prices to fall in July. Despite price pressures, Chilean miners anticipated an increase in lithium inquiries in the fourth quarter. However, the bearish price trend of Lithium Metal took a new turn in August and September, driving down the prices of companies dealing in the element, with Lithium Americas being one prominent manufacturer who faced indifferent results. Buyers argue that sourcing critical raw materials like lithium locally has been the only logical step toward creating a vertically integrated domestic supply chain. The emergence of a legitimate EV market is driving demand for lithium metal. In September, the company's lithium exports fell significantly in volume and price, falling 10% and 11%, respectively, m...

North America The price of Urea in the US market continued to decrease during the fourth quarter because of the sharp decline in the cost of raw materials. In the wake of unfavorable trading fundamentals and muted demand, the Urea price continued to decline. According to the statistics, feedstock natural gas prices fell by around 15% in November 2022, and this trend continued into December. Manufacturers were able to offer discounts to entice offtakes from downstream niche consumers as a result of the fall in feedstock costs, which had an impact on pricing patterns in major importing countries like India and the USA. Inflation in the country and drought conditions declined the production of Nitrogen in the domestic market. The labor shortage in the US market persisted, but the operational rate remained positive. Urea FOB Illinois prices were assessed at USD 742/MT, averaged in Dec. APAC Asia pacific region’s pricing trend for Urea in Q4 remained plunged due to a lack of demand fro...