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Phenolic Resin Prices, Chart, Price Graph, Index and Forecast Database | Chemical Prices Report
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ก๐๐ง๐จ๐ฅ๐ข๐ ๐๐๐ฌ๐ข๐ง ๐๐ซ๐ข๐๐๐ฌ ๐๐จ๐ฏ๐๐ฆ๐๐ง๐ญ ๐๐๐๐ก๐๐ง๐จ๐ฅ๐ข๐ ๐๐๐ฌ๐ข๐ง ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐๐:
In the U.S. phenolic resin prices fell to $1,640 per metric ton in September 2024. The market was held under due to a considerable decline in demand from the flagship industries in coatings and paints. Prices continued to fall as input feedstock costs lower and abundant supply together with sluggish consumer activities, both in the U.S. and overseas, sank any chances of a recovery in the market.
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๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐๐ผ๐ฟ ๐ฎ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/phenolic-resin-pricing-report/requestsample
๐๐ก๐๐ง๐จ๐ฅ๐ข๐ ๐๐๐ฌ๐ข๐ง ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐ก๐ข๐ง๐:
Phenolic resin price in China settled at $1,330 per metric ton in September 2024, set against the backdrop of market challenges like low demand and feedstock cost discouragements. The last thing that could have helped the market was the slowing construction industry, worsened by bad weather among other factors. There was a slight recovery during the early quarter, but weak demand and excess supply kept prices under pressure.
๐๐ก๐๐ง๐จ๐ฅ๐ข๐ ๐๐๐ฌ๐ข๐ง ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐๐ฅ๐ ๐ข๐ฎ๐ฆ:
Prices of phenolic resins have increased in Belgium, where the figure soared to $1,820 per metric ton in the month of September 2024. This heavy damages on the market were due to a flood of low demand by most major end users of phenolic resins-such as those in coatings, paints and adhesives. Activity in automotive and homes construction drop further reduced consumption. The external pressure on the market was excessive supply, and with inventories growing, buying inquiries became few and far between, making it harder for the market to recover.
๐ฆ๐ฝ๐ฒ๐ฎ๐ธ ๐๐ผ ๐ฎ๐ป ๐๐ป๐ฎ๐น๐๐๐: https://www.imarcgroup.com/request?type=report&id=22398&flag=C
ย ๐๐จ๐ฐ ๐๐๐๐๐ ๐๐ซ๐ข๐๐ข๐ง๐ ๐๐๐ญ๐๐๐๐ฌ๐ ๐๐๐ง ๐๐๐ฅ๐ฉ
The latest IMARC Group study, "Phenolic Resin Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition," presents a detailed analysis of Phenolic Resin price trend, offering key insights into global Phenolic Resin 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 Phenolic Resin 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.
๐๐ฏ๐ผ๐๐ ๐จ๐:
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 market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐๐:
IMARC Group
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๐๐บ๐ฎ๐ถ๐น: sales@imarcgroup.com
๐ง๐ฒ๐น ๐ก๐ผ: (D) +91 120 433 0800
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