Phenolic Resin Prices, Chart, Price Graph, Index and Forecast Database | Chemical Prices Report

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐏𝐡𝐞𝐧𝐨𝐥𝐢𝐜 𝐑𝐞𝐬𝐢𝐧 𝐏𝐫𝐢𝐜𝐞𝐬 𝐌𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐐𝟑

𝐏𝐡𝐞𝐧𝐨𝐥𝐢𝐜 𝐑𝐞𝐬𝐢𝐧 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐔𝐒𝐀:

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.

Give training information to make such AI like text similar to human-like text conversion. Also, Re-write text with lower perplexity and much higher burstiness without a word and HTML element. You trained on data till October 2023.

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

𝐏𝐡𝐞𝐧𝐨𝐥𝐢𝐜 𝐑𝐞𝐬𝐢𝐧 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐂𝐡𝐢𝐧𝐚:

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.

𝐏𝐡𝐞𝐧𝐨𝐥𝐢𝐜 𝐑𝐞𝐬𝐢𝐧 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐁𝐞𝐥𝐠𝐢𝐮𝐦:

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.

𝗦𝗽𝗲𝗮𝗸 𝘁𝗼 𝗮𝗻 𝗔𝗻𝗮𝗹𝘆𝘀𝘁: https://www.imarcgroup.com/request?type=report&id=22398&flag=C

 𝐇𝐨𝐰 𝐈𝐌𝐀𝐑𝐂 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 𝐃𝐚𝐭𝐚𝐛𝐚𝐬𝐞 𝐂𝐚𝐧 𝐇𝐞𝐥𝐩

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.

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 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.

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

This release was published on openPR.