White Oil Prices: Latest Trend, Chart, Analysis and Forecast

𝗪𝗵𝗶𝘁𝗲 𝗢𝗶𝗹 𝗣𝗿𝗶𝗰𝗲𝘀 𝗦𝗲𝗰𝗼𝗻𝗱 𝗤𝘂𝗮𝗿𝘁𝗲𝗿 𝟮𝟬𝟮𝟰:

• 𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀: 1638 USD/MT
• 𝗖𝗵𝗶𝗻𝗮: 929 USD/MT

The latest report by IMARC Group, titled "𝗪𝗵𝗶𝘁𝗲 𝗢𝗶𝗹 𝗣𝗿𝗶𝗰𝗲𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝟮𝟬𝟮𝟰: 𝗣𝗿𝗶𝗰𝗲 𝗧𝗿𝗲𝗻𝗱, 𝗖𝗵𝗮𝗿𝘁, 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀, 𝗡𝗲𝘄𝘀, 𝗗𝗲𝗺𝗮𝗻𝗱, 𝗛𝗶𝘀𝘁𝗼𝗿𝗶𝗰𝗮𝗹 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗗𝗮𝘁𝗮," provides a thorough examination of the price trend. This report delves into the Price of White Oil globally, presenting a detailed analysis, along with an informative price chart. Through comprehensive analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the Demand, analyzing how it impacts industry dynamics. To aid in strategic planning, the Price Forecast section provides insights into price forecast, making this Price report an invaluable resource for industry stakeholders.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/white-oil-pricing-report/requestsample

𝗥𝗲𝗽𝗼𝗿𝘁 𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴:

• 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗕𝗶𝗮𝗻𝗻𝘂𝗮𝗹𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription

The study delves into the factors affecting White Oil 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 industry, equipping stakeholders with the latest information on industry fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

𝗞𝗲𝘆 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗼𝗻 𝘁𝗵𝗲 𝗪𝗵𝗶𝘁𝗲 𝗢𝗶𝗹 𝗣𝗿𝗶𝗰𝗲𝘀 𝗧𝗿𝗲𝗻𝗱

The white oil prices are primarily driven by increasing demand across various industrial and consumer applications due to its versatile properties. Key drivers include the growth of the personal care and cosmetic industries, where white oil is used as a base for products such as moisturizers, shampoos, and lotions due to its non-reactive and hypoallergenic qualities. Additionally, the pharmaceutical sector's demand for white oil in formulations and as a lubricant in medical devices contributes significantly to industry growth. The expanding automotive and manufacturing industries also fuel demand, as white oil serves as a lubricant and processing aid. Regulatory advancements and a rising focus on safety and environmental standards drive the demand for high-purity white oil, which is compliant with stringent regulations.

𝗙𝗮𝗰𝘁𝗼𝗿𝘀 𝗔𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗪𝗵𝗶𝘁𝗲 𝗢𝗶𝗹 𝗣𝗿𝗶𝗰𝗲𝘀 𝗔𝗰𝗿𝗼𝘀𝘀 𝗥𝗲𝗴𝗶𝗼𝗻𝘀 𝗶𝗻 𝗧𝗵𝗲 𝗦𝗲𝗰𝗼𝗻𝗱 𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝟮𝟬𝟮𝟰:

𝗜𝗻 𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮: In the second quarter of 2024, the white oil prices in North America, particularly the USA, displayed notable price stability. Despite fluctuations in crude oil prices and refinery operations, the industry remained steady due to a balanced supply-demand dynamic, sufficient crude reserves, and stable refinery utilization. Minor geopolitical tensions and production adjustments had limited impact on white oil prices, as demand absorbed the available supply effectively. Seasonal demand spikes, especially in the summer for cosmetic products, led to slight price variations, but overall prices remained unchanged from the first half of the quarter. Compared to the previous year, prices decreased, reflecting earlier volatility, while quarter-on-quarter changes indicated a marginal decline.

𝗜𝗻 𝗔𝗣𝗔𝗖 𝗥𝗲𝗴𝗶𝗼𝗻𝘀: Besides this, in the Q2 FY24, the industry in the APAC region exhibited a generally stable trend. The balance between supply and demand, coupled with ample crude oil supplies and favorable production rates, contributed to this stability. However, high freight costs and maintenance-related production cuts exerted upward pressure, tempered by weak demand from key sectors like lubrication and construction. China saw the most significant price fluctuations, with a substantial year-over-year decrease reflecting reduced industrial activity and economic challenges. Furthermore, the industry experienced mixed sentiment during the second quarter of 2024. The initial phase saw rising prices due to increased production costs, even as demand remained moderate.

However, as crude oil prices fell and production costs eased, the industry shifted to a bearish trend. Throughout the quarter, demand from the paints, coatings, and lubricant industries remained sluggish. The construction sector in Germany faced reduced procurement activities and project cancellations, further dampening demand. High inflation and decreased purchasing power also contributed to the downward trend.

𝗦𝗽𝗲𝗮𝗸 𝘁𝗼 𝗔𝗻 𝗔𝗻𝗮𝗹𝘆𝘀𝘁: https://www.imarcgroup.com/request?type=report&id=22713&flag=C

𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀 𝗖𝗼𝘃𝗲𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗪𝗵𝗶𝘁𝗲 𝗢𝗶𝗹 𝗣𝗿𝗶𝗰𝗲𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

• White Oil Prices
• White Oil Price Trend
• White Oil Demand & Supply
• White Oil Industry Analysis
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• White Oil Price Analysis
• White Oil Industry Drivers, Restraints, and Opportunities
• White Oil News and Recent developments
• Global Event Analysis
• List of Key Players

𝗢𝘃𝗲𝗿𝗮𝗹𝗹, 𝗣𝗿𝗶𝗰𝗲 𝗧𝗿𝗲𝗻𝗱 𝗮𝗻𝗱 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗣𝗿𝗶𝗰𝗲𝘀 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

𝗡𝗼𝘁𝗲: 𝗧𝗵𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁 𝗰𝗼𝘂𝗻𝘁𝗿𝘆 𝗹𝗶𝘀𝘁 𝗶𝘀 𝘀𝗲𝗹𝗲𝗰𝘁𝗶𝘃𝗲, 𝗱𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗶𝗻𝘁𝗼 𝗮𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗰𝗼𝘂𝗻𝘁𝗿𝗶𝗲𝘀 𝗰𝗮𝗻 𝗯𝗲 𝗼𝗯𝘁𝗮𝗶𝗻𝗲𝗱 𝗳𝗼𝗿 𝗰𝗹𝗶𝗲𝗻𝘁𝘀 𝘂𝗽𝗼𝗻 𝗿𝗲𝗾𝘂𝗲𝘀𝘁.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝘂𝘀:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
𝗘𝗺𝗮𝗶𝗹: sales@imarcgroup.com
𝗧𝗲𝗹 𝗡𝗼:(𝗗) +91 120 433 0800
𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀: +1-631-791-1145

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of industry entry and expansion services. IMARC offerings include a thorough industry assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, industry Ing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.