Ethylene Price In USA
- United States: $417/MT
The latest report by IMARC, titled "Ethylene Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," delivers a comprehensive analysis of ethylene prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Ethylene Prices December 2023:
- United States: $417/MT
- Japan: $848/MT
- Germany: $725/MT
- Saudi Arabia: $862/MT
Report Offering:
- Monthly Updates - Annual Subscription
- Quarterly Updates - Annual Subscription
- Biannually Updates - Annual Subscription
The study delves into the factors affecting ethylene price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/ethylene-pricing-report/requestsample
Ethylene Price Trend- Q4 2023
The global ethylene market is experiencing significant growth, driven by several key factors. The expanding demand for plastics, particularly polyethylene, is fueling the growth of the ethylene market. Polyethylene, a versatile polymer derived from ethylene, is widely used in various industries, including packaging, construction, automotive, and consumer goods. As economies continue to develop and urbanize, there has been a rise in the demand for plastic products for packaging, infrastructure, and consumer goods is on the rise, driving the demand for ethylene as a feedstock for polyethylene production. Additionally, the petrochemical industry's shift toward ethylene-based derivatives, such as ethylene oxide and ethylene glycol, for applications in detergents, solvents, and antifreeze, further contributes to the growing demand for ethylene globally. Moreover, the increasing adoption of ethylene in the production of other chemicals, including ethanol, vinyl acetate, and ethylbenzene, expands the market opportunities for ethylene producers, driving market growth and investment in ethylene production capacity expansion projects worldwide. As a result, the ethylene market is poised for continued expansion in the coming years, driven by robust demand from various end-use industries and favorable market dynamics.
Ethylene Market Analysis
The global ethylene market size reached US$ 142.6 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 238.3 Billion, at a projected CAGR of 5.90% during 2023-2032. In the last quarter, several factors have influenced ethylene prices, contributing to fluctuations in the market. Firstly, supply-demand dynamics play a crucial role in determining ethylene prices. The ethylene market experienced supply constraints due to scheduled maintenance shutdowns at several ethylene production facilities, leading to tight supply conditions and upward pressure on prices. Additionally, unexpected production outages and disruptions, such as hurricanes and plant incidents, further exacerbated supply shortages, driving prices higher. In the fourth quarter of 2023, ethylene prices in the US market displayed a mixed sentiment. Initially, prices increased due to limited material availability domestically, supported by higher ethane prices. Improved demand from downstream industries like ethylene oxide and polyethylene further fueled market sentiments among manufacturers, contributing to the bullish trend in ethylene prices. In the initial phase of the fourth quarter, Ethylene prices in the Japanese market observed an increase, primarily influenced by cost pressures stemming from elevated feedstock Naphtha prices domestically. As a result, Ethylene manufacturers adopted a bullish outlook. Moreover, as the quarter progressed, there was a downturn in Ethylene prices in the Japanese domestic market. This decline was attributed to falling demand from both the Polyethylene and Ethylene oxide industries, attributed to macroeconomic challenges and low seasonality, while spot market transactions remained average.
Moreover, during October 2023, there was a rise in ethylene prices within the German market, driven by insufficient material availability domestically. Sustained demand from downstream sectors, notably polyethylene and ethylene oxide industries, further propelled prices upward domestically. Concurrently, imports from the Asian market incurred elevated costs due to increased freight charges, thus resulting in higher imported Ethylene prices within the domestic sphere. Throughout the final quarter of 2023, the Saudi Arabian ethylene market encountered price fluctuations. Firstly, domestic ethylene prices ascended, driven by heightened Naphtha prices, a principal feedstock, and robust crude oil prices, consequently elevating domestic ethylene production costs. Besides, the increased demand from both domestic and international markets, notably from the polyethylene and ethylene oxide industries, compelled manufacturers to adjust their pricing strategies accordingly.
Browse Full Report: https://www.imarcgroup.com/ethylene-pricing-report
Key Points Covered in the Ethylene Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Ethylene Prices
- Ethylene Price Trend
- Ethylene Demand Supply
- Ethylene Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Ethylene Price Analysis
- Ethylene Industry Drivers, Restraints, and Opportunities
- Ethylene News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Browse More Pricing Reports by IMARC Group:
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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