Several factors influence naphthalene prices and overall market demand, including the availability of raw materials, production costs, and global supply.
North America Naphthalene Prices Movement Last Quarter:
Naphthalene Prices in the United States:
Product | Category | Price |
Naphthalene | Specialty Chemical | 1756 USD/MT |
In Q3 2024, Naphthalene Prices in the U.S. saw a notable rise, hitting 1,756 USD/MT by September. This increase was fueled by tightening supply chains and steady demand. The limited availability of naphthalene, mainly due to disruptions in distribution networks, put upward pressure on prices. However, strong demand from key downstream sectors like chemicals and plastics helped keep the market stable. Logistical challenges, including transportation delays and difficulties in moving goods, worsened the supply constraints, driving costs even higher. The combination of consistent naphthalene demand and supply chain issues resulted in a strong market, with prices continuing to climb throughout the quarter. The Naphthalene Price Index indicates that these factors collectively influenced the upward price trend in the U.S. market.
Note: This report can be modified to align with the client’s specific requirements.
APAC Naphthalene Prices Movement Last Quarter:
Naphthalene Prices in Japan:
Product | Category | Price |
Naphthalene | Specialty Chemical | 567 USD/MT |
In Q3 2024, Naphthalene Prices in Japan steadily decreased, reaching 567 USD/MT by September. This decline was primarily due to weak demand from downstream industries and an oversupply in the market. Sluggish industrial activity, especially in sectors like chemicals and plastics, along with a surplus of naphthalene, led to diminished purchasing interest, which in turn put downward pressure on prices. Seasonal production factors contributed to the excess supply, while broader economic challenges, such as slower growth and limited market expansion, further weakened demand. This mismatch between supply and demand resulted in an oversupply of naphthalene, leaving little room for price recovery in the short term and leading to a prolonged bearish market trend. According to Naphthalene Prices Forecast Data, the market is likely to continue facing price weakness soon.
Regional Analysis: The price analysis can be extended to provide detailed phenol 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 Naphthalene Prices Movement Last Quarter:
Naphthalene Prices in Germany:
Product | Category | Price |
Naphthalene | Specialty Chemical | 925 USD/MT |
In Q3 2024, naphthalene prices in Germany experienced a notable increase, reaching 925 USD/MT by September. This surge was primarily driven by distribution challenges and rising shipping costs, which tightened the naphthalene supply. The strain on supply chains, coupled with limited product availability, exerted upward pressure on prices throughout the quarter. Furthermore, stable feedstock prices helped maintain production costs, preventing significant price fluctuations despite the logistical challenges. Strong demand from downstream industries, especially in manufacturing and chemicals, further bolstered the price increases. As consumption remained strong, the ongoing pressure on naphthalene supply and the rising demand from these sectors fostered a positive market sentiment, contributing to the continued price rise in the region.
Regional Analysis: The price analysis can be expanded to include detailed phenol 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.
Factors Affecting Naphthalene Prices and Demand:
Several factors influence naphthalene prices and overall market demand, including the availability of raw materials, production costs, global supply chain dynamics, and demand from end-user industries. Since naphthalene is mainly derived from coal tar and petroleum, fluctuations in crude oil and coal prices have a direct impact on its production costs. Supply chain disruptions, transportation costs, and regulatory policies related to environmental concerns also play a significant role in determining market prices. Additionally, demand from key industries such as textiles, construction, agrochemicals, and pharmaceuticals greatly influences pricing trends. Economic conditions, industrial growth, and technological advancements in alternative chemicals further shape market dynamics. Keeping an eye on these factors is crucial for stakeholders to anticipate naphthalene prices and make informed investment and procurement decisions.
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