North America Propionic Acid Prices Movement Q3:
Propionic Acid Prices in United States:
Product | Category | Price |
Propionic Acid | Chemical | 765 USD/MT |
The propionic acid prices in the United States for Q3 reached 765 USD/MT.In the third quarter of the year 2024, propionic acid prices in the United States per metric ton (MT) saw a rise to 765 USD. The market, however, continues to be stable amidst fluctuating demand. Such a price phenomenon is linked with the compound's diverse applications as food preservative and herbicides, along with production costs and supply chain efficiencies in shaping these prices. The stability in propionic acid pricing implies a healthy equilibrium between supply and demand, thereby offering a dependable forecast for stakeholders in associated industries on their return.
APAC Propionic Acid Prices Movement Q3:
Propionic Acid Prices in China:
Product | Category | Price |
Propionic Acid | Chemical | 870 USD/MT |
The price trend for propionic acid in China for Q3 settled at 870 USD/MT. In October 2020, it was found that by the third quarter of 2024, propionic acid was trading at 870 USD per metric ton (MT) in China, a rise quite substantial in the market for this chemical, which has almost been entirely driven by food preservation and agricultural use. This price level is slightly higher than in past quarters, attributed more to increased production costs and readjustments of the supply chain. Moreover, concern over food safety and quality has increased the demand in propionic acid as a preservative in food, making it an important ingredient for manufacturers. The direction that the market takes may influence how producers in China will market their products for competitiveness both in domestic and international demands.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Propionic Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Propionic Acid price trend, offering key insights into global Propionic Acid 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 Propionic Acid 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.
Request to Get the Sample Report: https://www.imarcgroup.com/propionic-acid-pricing-report/requestsample
Key Features:
Key Attributes | Details |
Product Name | Propionic Acid |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Propionic Acid Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
Information Covered for Key Suppliers | · Company Overview · Business Description · Recent Trends and Developments |
Customization Scope | The report can be customized as per the requirements of the customer |
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 State: +1-631-791-1145
Naijamatta is a social networking site,
download Naijamatta from Google play store or visit www.naijamatta.com to register. You can post, comment, do voice and video call, join and open group, go live etc. Join Naijamatta family, the Green app.
Click To Download
