Chemicals Industry Today

Ethylene Oxide Pricing Report, Trend, Index, Chart, Demand, Forecast and Historical Price Analysis in The Latest Research

The price of ethylene oxide in the United States for Q4 2023 reached $1327/MT in December. The market in the United States experienced a mixed bag due to the limited availability of the material in the market
Published 17 April 2024

The latest report by IMARC, titled "Ethylene Oxide Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of ethylene oxide prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Ethylene Oxide Prices December 2023:

  • United States: $1327/MT
  • Japan: $935/MT
  • Germany: $1468/MT
  • Saudi Arabia: $1270/MT

Report Offering:

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

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

Request For a Sample Copy of the Report:ย https://www.imarcgroup.com/ethylene-oxide-pricing-report/requestsample

Ethylene Oxide Price Trend- Q4 2023

The ethylene oxide market is primarily driven by its extensive applications in producing key industrial chemicals, particularly Ethoxylates and Monoethylene Glycol, which are vital in manufacturing a variety of consumer goods, including textiles, detergents, and personal care products. Additionally, the market dynamics of ethylene oxide are closely tied to the availability of its feedstock, Ethylene, and the operational status of production facilities. In the fourth quarter of 2023, the market witnessed significant price fluctuations. Initially, prices escalated due to constrained supply primarily caused by production outages, such as the extended shutdown at Dow's Plaquemine plant and the permanent closure of LyondellBasell Industries' Ethylene oxide unit, alongside sustained high costs of feedstock Ethylene. This scenario was compounded by moderate but steady demand from the downstream sectors, increasing the prices.

The global ethylene oxide market size reached US$ 51.3 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 74.5 Billion, at a projected CAGR of 4.20% during 2023-2032. Subsequently, ethylene oxide prices witnessed a downturn in the latter part of the quarter, influenced by several interconnected factors. The decrease in feedstock Ethylene prices, attributed to diminished demand from other industries, played a crucial role in reducing Ethylene Oxide production costs, thereby exerting downward pressure on its market prices. Concurrently, the demand for ethylene oxide softened, primarily due to seasonal slowness and macroeconomic challenges, such as growing inflationary pressures and rising interest rates, which dampened the purchasing sentiments within the downstream industries. These industries, mainly the Ethoxylates and Monoethylene Glycol sectors, showcased tepid demand, reflecting broader economic uncertainties and a cautious approach from buyers, which in turn influenced the ethylene oxide market sentiment negatively.

Moreover, the market dynamics were further complicated by varying supply constraints. Despite the ongoing outage at Dow's facility, the impact on ethylene oxide prices was somewhat mitigated by adjusted production levels and the strategic market responses from other manufacturers. In addition, the acquisition of LyondellBasell's production facilities by Ineos Oxide, although potentially altering the supply landscape, did not immediately tighten the market to an extent that would significantly elevate prices. The overall market sentiment was bearish, as evidenced by reduced spot market activities and the manufacturers' inclination to adjust their pricing strategies in response to the evolving market demand and supply scenarios. These factors collectively influenced the ethylene oxide price trend, showcasing a market responsive to a complex interplay of supply-demand dynamics, feedstock price variability, and broader economic indicators.

Browse Full Report: https://www.imarcgroup.com/ethylene-oxide-pricing-report

Key Points Covered in the Ethylene Oxide Pricing Report:

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

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

Regional Price 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

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

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