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

09-23-2024 10:33 AM CET | Chemicals & Materials

Press release from: IMARC Group

White Oil Prices

White Oil Prices

๐—ช๐—ต๐—ถ๐˜๐—ฒ ๐—ข๐—ถ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐—ฆ๐—ฒ๐—ฐ๐—ผ๐—ป๐—ฑ ๐—ค๐˜‚๐—ฎ๐—ฟ๐˜๐—ฒ๐—ฟ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ:

โ€ข ๐—จ๐—ป๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐˜€: 1638 USD/MT
โ€ข ๐—–๐—ต๐—ถ๐—ป๐—ฎ: 929 USD/MT

The latest report by IMARC Group, titled "๐—ช๐—ต๐—ถ๐˜๐—ฒ ๐—ข๐—ถ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ: ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ, ๐—–๐—ต๐—ฎ๐—ฟ๐˜, ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€, ๐—ก๐—ฒ๐˜„๐˜€, ๐——๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ, ๐—›๐—ถ๐˜€๐˜๐—ผ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐—น ๐—ฎ๐—ป๐—ฑ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜ ๐——๐—ฎ๐˜๐—ฎ," 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.

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—™๐—ผ๐—ฟ ๐—ฎ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.imarcgroup.com/white-oil-pricing-report/requestsample

๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ข๐—ณ๐—ณ๐—ฒ๐—ฟ๐—ถ๐—ป๐—ด:

โ€ข ๐— ๐—ผ๐—ป๐˜๐—ต๐—น๐˜† ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€: Annual Subscription
โ€ข ๐—ค๐˜‚๐—ฎ๐—ฟ๐˜๐—ฒ๐—ฟ๐—น๐˜† ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€: Annual Subscription
โ€ข ๐—•๐—ถ๐—ฎ๐—ป๐—ป๐˜‚๐—ฎ๐—น๐—น๐˜† ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€: 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.

๐—ž๐—ฒ๐˜† ๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€ ๐—ผ๐—ป ๐˜๐—ต๐—ฒ ๐—ช๐—ต๐—ถ๐˜๐—ฒ ๐—ข๐—ถ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ

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.

๐—™๐—ฎ๐—ฐ๐˜๐—ผ๐—ฟ๐˜€ ๐—”๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ช๐—ต๐—ถ๐˜๐—ฒ ๐—ข๐—ถ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐—”๐—ฐ๐—ฟ๐—ผ๐˜€๐˜€ ๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐˜€ ๐—ถ๐—ป ๐—ง๐—ต๐—ฒ ๐—ฆ๐—ฒ๐—ฐ๐—ผ๐—ป๐—ฑ ๐—ค๐˜‚๐—ฎ๐—ฟ๐˜๐—ฒ๐—ฟ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ:

๐—œ๐—ป ๐—ก๐—ผ๐—ฟ๐˜๐—ต ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ: 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.

๐—œ๐—ป ๐—”๐—ฃ๐—”๐—– ๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐˜€: 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.

๐—ฆ๐—ฝ๐—ฒ๐—ฎ๐—ธ ๐˜๐—ผ ๐—”๐—ป ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐˜: https://www.imarcgroup.com/request?type=report&id=22713&flag=C

๐—ž๐—ฒ๐˜† ๐—ฃ๐—ผ๐—ถ๐—ป๐˜๐˜€ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ช๐—ต๐—ถ๐˜๐—ฒ ๐—ข๐—ถ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜:

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

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

๐—ข๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—น๐—น, ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ ๐—ฎ๐—ป๐—ฑ ๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€:

โ€ข ๐—”๐˜€๐—ถ๐—ฎ ๐—ฃ๐—ฎ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
โ€ข ๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
โ€ข ๐—ก๐—ผ๐—ฟ๐˜๐—ต ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ: United States and Canada
โ€ข ๐—Ÿ๐—ฎ๐˜๐—ถ๐—ป ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
โ€ข ๐— ๐—ถ๐—ฑ๐—ฑ๐—น๐—ฒ ๐—˜๐—ฎ๐˜€๐˜ & ๐—”๐—ณ๐—ฟ๐—ถ๐—ฐ๐—ฎ: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

๐—ก๐—ผ๐˜๐—ฒ: ๐—ง๐—ต๐—ฒ ๐—ฐ๐˜‚๐—ฟ๐—ฟ๐—ฒ๐—ป๐˜ ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ฟ๐˜† ๐—น๐—ถ๐˜€๐˜ ๐—ถ๐˜€ ๐˜€๐—ฒ๐—น๐—ฒ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ, ๐—ฑ๐—ฒ๐˜๐—ฎ๐—ถ๐—น๐—ฒ๐—ฑ ๐—ถ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€ ๐—ถ๐—ป๐˜๐—ผ ๐—ฎ๐—ฑ๐—ฑ๐—ถ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ฟ๐—ถ๐—ฒ๐˜€ ๐—ฐ๐—ฎ๐—ป ๐—ฏ๐—ฒ ๐—ผ๐—ฏ๐˜๐—ฎ๐—ถ๐—ป๐—ฒ๐—ฑ ๐—ณ๐—ผ๐—ฟ ๐—ฐ๐—น๐—ถ๐—ฒ๐—ป๐˜๐˜€ ๐˜‚๐—ฝ๐—ผ๐—ป ๐—ฟ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜.

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐˜‚๐˜€:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
๐—˜๐—บ๐—ฎ๐—ถ๐—น: sales@imarcgroup.com
๐—ง๐—ฒ๐—น ๐—ก๐—ผ:(๐——) +91 120 433 0800
๐—จ๐—ป๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐˜€: +1-631-791-1145

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:

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.

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