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In the North American region, U.S. refiners witnessed higher earnings during the third quarter owing to the improvement in margins to sell gasoline and diesel despite the surging cost and low inventories of crude oil. Energy demand recovered rapidly from the worst days of the pandemic in 2020, and Brent and U.S. crude oil prices reached multi-year highs in Q3 2021. As Jet Kerosene Prices is still not up to pre-pandemic levels, market players eyed on resumption in international flights to Europe in November
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Sodium Bicarbonate Pricing Trend and Forecast In North America, Sodium Bicarbonate Pricing witnessed an uptrend in the third quarter of 2021. In the US, demand from the feed, food and pharmaceutical industry remained firm throughout this quarter. Despite ample supplies of Sodium Bicarbonate, a hike in the pricing trend was observed backed by the spike in the values of its raw materials. In addition, many production units in the US remained closed as a repercussion to Ida hurricane that made landfall in the Gulf Coast of the US in August end that directly impacted the supply chain of feedstock which consequently surged the prices of Sodium Bicarbonate in this timeframe. https://www.chemanalyst.com/Pricing-data/sodium-bicarbonate-1186
Benzene PricingTrend and Forecast Benzene Pricing outlook showcased a marginal decline during the third quarter in the North America. In July, the FOB Louisiana prices of Benzene were assessed at USD1215/MT. A prominent surge in the production activities in USA was witnessed at the beginning of quarter that led to the decline in the prices of Benzene in the US market. Despite the arrival of Ida hurricane in the Gulf Coast of the USA, there was negligible effect upon the prices of Benzene owing to the ample stock availability. Therefore, Benzene FOB Louisiana prices settled at USD 1095/MT in both August and September. https://www.chemanalyst.com/Pricing-data/benzene-25
Jet Kerosene PricesTrend and Forecast As Jet Kerosene Prices is still not up to pre-pandemic levels, market players eyed on resumption in international flights to Europe in November As Jet Kerosene Pricing is still not up to pre-pandemic levels, market players eyed on resumption in international flights to Europe in November
Polyethylene Glycol Price Trend and Forecast In North America, Polyethylene Glycol price witnessed an upward trajectory during the third quarter of 2021. Tightened supply and robust demand were witnessed from the downstream industries including medical and pharmaceutical which led to the increment in the prices of PEG during the third quarter. Due to Ida hurricane that made landfall in the gulf coast of the USA, many Ethylene plants were shut down resulting in its scarcity which consequently fumed the prices of PEG in US.