Paraxylene Prices: Global Price and Market Insights
In Q2 2024, Paraxylene prices in the USA declined, reaching 1032 USD/MT in June.
North America Paraxylene Prices Movement Q2
Paraxylene Prices in USA:
In Q2 2024, Paraxylene prices in the USA declined, reaching 1032 USD/MT in June. Oversupply and weak demand, driven by seasonal slowdowns in the polyester sector and cheaper raw materials, pressured the market. Production exceeding consumption maintained a subdued pricing environment throughout the quarter, reflecting overall bearish sentiment.
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APAC Paraxylene Prices Movement Q2:
Paraxylene Prices in Japan:
In Q2 2024, paraxylene prices in Japan rose, closing at 1048 USD/MT in June. Strong seasonal demand, higher crude oil costs, and supply chain disruptions supported the upward trend. Strategic shifts in imports further tightened availability, driving notable price increases and sustaining bullish market conditions throughout the quarter.
Regional Analysis: The price analysis can be expanded to include detailed Paraxylene price data for a wide range of European countries, such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.
Factors Affecting Paraxylene Supply and Prices
Paraxylene prices are influenced by crude oil volatility, seasonal polyester industry demand, and regional production levels. The Paraxylene Price Index often reflects trends tied to feedstock costs and supply chain stability. As seen in the Paraxylene Price Chart, factors like plant turnarounds, geopolitical tensions, and freight disruptions also significantly impact global pricing dynamics.
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How IMARC Pricing Database Can Help
The latest IMARC Group study, “Paraxylene Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Paraxylene price trend, offering key insights into global Paraxylene market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Paraxylene demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
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