Several factors influence furfuryl alcohol prices and demand, shaping market trends globally.
North America Furfuryl Alcohol Prices Movement Last Quarter:
Furfuryl Alcohol Prices in the United States:
Product | Category | Price |
Furfuryl Alcohol | Chemical | 1696 USD/MT |
In 2024, the Furfuryl Alcohol Price Chart for the United States showed an increase, with prices reaching 1,696 USD/MT, influenced by strong demand and supply constraints. Industries such as foundry resins, adhesives, and coatings relied heavily on furfuryl alcohol, driving market demand. However, supply chain challenges, including disruptions in furfural feedstock availability due to limited agricultural output, further tightened supply. Rising production costs, impacted by inflation and higher energy expenses, added upward pressure on prices. Despite steady supply adjustments by producers, end-users faced financial strain, leading to cautious procurement strategies. The furfuryl alcohol market in the U.S. remained volatile, shaped by a mix of industrial demand, supply limitations, and cost pressures.
Get the Real-Time Prices Analysis: https://www.imarcgroup.com/furfuryl-alcohol-pricing-report/requestsample
Note: The analysis can be tailored to align with the customer’s specific needs.
APAC Furfuryl Alcohol Prices Movement Last Quarter:
Furfuryl Alcohol Prices in China:
Product | Category | Price |
Furfuryl Alcohol | Chemical | 1486 USD/MT |
In Q4 2023, the Furfuryl Alcohol Price History Data for China recorded prices at 1,486 USD/MT, reflecting fluctuating market conditions influenced by supply and demand factors. The primary driver was supply constraints due to the reduced availability of furfural, the key raw material, following lower agricultural yields of corncobs in major producing regions. Meanwhile, steady demand from industries such as foundry, adhesives, and pharmaceuticals kept the market active, adding to price pressures. Additionally, rising operational costs, including increased energy prices and labor expenses, further escalated production costs. Geopolitical uncertainties and global trade disruptions led to cautious procurement strategies, complicating supply chain stability. Despite these challenges, suppliers adjusted production to balance demand, ensuring market continuity. The combination of supply limitations, stable consumption, and rising costs played a crucial role in shaping the furfuryl alcohol price trends in China during this period.
Regional Analysis: The price analysis can be extended to provide detailed Furfuryl Alcohol (IPA) price information for the following list of countries.
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.
Europe Furfuryl Alcohol Prices Movement Last Quarter:
Furfuryl Alcohol Prices in Germany:
Product | Category | Price |
Furfuryl Alcohol | Chemical | 1626 USD/MT |
In 2024, the Furfuryl Alcohol Price Forecast Data for Germany showed a notable increase, reaching 1,626 USD/MT, driven by a combination of supply constraints, strong demand, and rising costs. The limited availability of furfural, the key raw material, was impacted by lower agricultural yields of corncobs, causing a supply shortage. This was further aggravated by logistical disruptions, including higher transportation costs and geopolitical tensions that delayed imports. On the demand side, industries such as foundry resins, adhesives, and specialty chemicals saw steady consumption, putting additional pressure on pricing. Buyers actively sought stable supplies, given furfuryl alcohol’s importance in advanced manufacturing. Additionally, rising energy costs across Europe increased production expenses, amplifying the overall price surge. Despite these challenges, the German furfuryl alcohol market remained resilient, as stakeholders adapted to the evolving conditions to ensure supply continuity. The combination of tight supply, strong industrial demand, and higher operational costs resulted in an upward pricing trend, marking a key development in the final months of 2024.
Regional Analysis: The price analysis can be expanded to include detailed Furfuryl Alcohol (IPA) price data for a wide range of European countries:
such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No: (D) +91 120 433 0800
United States: +1-631-791-1145
© 2024 Crivva - Business Promotion. All rights reserved.