Press release
Polyethylene Glycol Prices Adjust Globally Amid Demand Fluctuations and Economic Uncertainties
๐ ๐๐ ๐ฃ๐ผ๐น๐๐ฒ๐๐ต๐๐น๐ฒ๐ป๐ฒ ๐๐น๐๐ฐ๐ผ๐น ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐ ๐ผ๐๐ฒ๐บ๐ฒ๐ป๐ ๐ค๐ฏ:๐ฃ๐ผ๐น๐๐ฒ๐๐ต๐๐น๐ฒ๐ป๐ฒ ๐๐น๐๐ฐ๐ผ๐น ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐ถ๐ป ๐ฆ๐ฎ๐๐ฑ๐ถ ๐๐ฟ๐ฎ๐ฏ๐ถ๐ฎ:
In Q3 2024, polyethylene glycol prices in Saudi Arabia reached 1,025 USD/MT by September, reflecting dynamic market conditions. The quarter witnessed demand fluctuations, with a surge in August driven by pharmaceutical and industrial applications, temporarily pushing prices higher. However, prices stabilized by September as demand normalized. International competition from imports added pressure, influencing local market dynamics. Despite these challenges, Saudi Arabia's consistent local production and stable domestic demand helped the market adapt effectively. This balance allowed the region to navigate shifting conditions while maintaining competitive pricing and meeting the needs of key industries.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐๐ผ ๐๐ฒ๐ ๐๐ต๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/polyethylene-glycol-pricing-report/requestsample
๐๐ฃ๐๐ ๐ฃ๐ผ๐น๐๐ฒ๐๐ต๐๐น๐ฒ๐ป๐ฒ ๐๐น๐๐ฐ๐ผ๐น ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐ ๐ผ๐๐ฒ๐บ๐ฒ๐ป๐ ๐ค๐ฏ:
๐ฃ๐ผ๐น๐๐ฒ๐๐ต๐๐น๐ฒ๐ป๐ฒ ๐๐น๐๐ฐ๐ผ๐น ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐ถ๐ป ๐๐ต๐ถ๐ป๐ฎ:
In Q3 2024, polyethylene glycol prices in China reached 1,145 USD/MT by September, reflecting a fluctuating market. Prices briefly increased in August due to restocking activities, as manufacturers prepared for potential supply shortages. However, by September, manufacturing demand slowed, reducing the need for polyethylene glycol and affecting market stability. Despite logistical challenges, supply was managed effectively, but cautious buyer behavior, driven by broader economic uncertainties, led to a more conservative outlook. These factors combined to create a cautious market environment, with companies adopting wait-and-see approaches as they navigated shifting demand and economic conditions.
๐๐๐ฟ๐ผ๐ฝ๐ฒ ๐ฃ๐ผ๐น๐๐ฒ๐๐ต๐๐น๐ฒ๐ป๐ฒ ๐๐น๐๐ฐ๐ผ๐น ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐ ๐ผ๐๐ฒ๐บ๐ฒ๐ป๐ ๐ค๐ฏ:
๐ฃ๐ผ๐น๐๐ฒ๐๐ต๐๐น๐ฒ๐ป๐ฒ ๐๐น๐๐ฐ๐ผ๐น ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐ถ๐ป ๐๐ฒ๐ฟ๐บ๐ฎ๐ป๐:
In Q3 2024, polyethylene glycol prices in Germany reached 1,330 USD/MT by September, reflecting market adjustments due to lower demand from the pharmaceutical and cosmetic sectors, influenced by broader economic challenges. Despite this, stable production was supported by improved material availability and reduced energy costs. However, cautious market sentiment persisted as end-users maintained high inventory levels, leading to a conservative purchasing approach. This resulted in a more cautious outlook, with buyers hesitant to make significant purchases despite the stability in overall production and the easing of some cost pressures.
๐๐ผ๐ ๐๐ ๐๐ฅ๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ถ๐ป๐ด ๐๐ฎ๐๐ฎ๐ฏ๐ฎ๐๐ฒ ๐๐ฎ๐ป ๐๐ฒ๐น๐ฝ
The latest IMARC Group study, "P๐ฃ๐ผ๐น๐๐ฒ๐๐ต๐๐น๐ฒ๐ป๐ฒ ๐๐น๐๐ฐ๐ผ๐น ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐, ๐ง๐ฟ๐ฒ๐ป๐ฑ, ๐๐ต๐ฎ๐ฟ๐, ๐๐ฒ๐บ๐ฎ๐ป๐ฑ, ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐, ๐ก๐ฒ๐๐, ๐๐ถ๐๐๐ผ๐ฟ๐ถ๐ฐ๐ฎ๐น ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐ ๐๐ฎ๐๐ฎ ๐ฎ๐ฌ๐ฎ๐ฐ ๐๐ฑ๐ถ๐๐ถ๐ผ๐ป," presents a detailed analysis of Polyethylene Glycol price trend, offering key insights into global Polyethylene Glycol 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 Polyethylene Glycol demand, illustrating how consumer behaviour 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.
๐ฆ๐ฝ๐ฒ๐ฎ๐ธ ๐๐ผ ๐๐ป ๐๐ป๐ฎ๐น๐๐๐: https://www.imarcgroup.com/request?type=report&id=22604&flag=C
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐๐:
IMARC Group
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๐๐บ๐ฎ๐ถ๐น: sales@imarcgroup.com
๐ง๐ฒ๐น ๐ก๐ผ: (D) +91 120 433 0800
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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 provide a comprehensive suite of market entry and expansion services. IMARC offerings include 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.
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