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Mono Propylene Glycol Price Trend and Forecast

At the start of Q3 2022, the Mono Propylene Glycol prices followed a downward trajectory in North America due to the declining costs of its primary feedstock- propylene oxide with weakened downstream demand from pharmaceutical and personal care industries. In terms of supply, there were ample inventories in the market, and suppliers met the overall demand of regional and overseas buyers, which affected the Mono Propylene Glycol market. <br><br>https://www.chemanalyst.com/Pricing-data/mono-propylene-glycol-1484

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Mono Propylene Glycol Price Trend and Forecast

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  1. Mono Propylene Glycol Price Trend and Forecast At the start of Q3 2022, the Mono Propylene Glycol price followed a downward trajectory in North America due to the declining costs of its primary feedstock- propylene oxide with weakened downstream demand from pharmaceutical and personal care industries. In terms of supply, there were ample inventories in the market, and suppliers met the overall demand of regional and overseas buyers, which affected the Mono Propylene Glycol market. Fragile trading activity in Canada and Mexico also resulted in bearish market sentiments regarding Mono Propylene Glycol prices. However, towards the end of this quarter, the price trends for Mono Propylene Glycol started tipping towards the higher end of the scale, with values assessed at USD 3233/MT. https://www.chemanalyst.com/Pricing-data/mono-propylene-glycol-1484

  2. New Updated Mono Propylene Glycol Prices online

  3. Mono Propylene Glycol Pricing online The price movement of Mono Propylene Glycol scaled down in the European market with the onset of Q3 2022, and the prices contracted on the back of continuous reduction in the feedstock Propylene Oxide prices, which reduced the production cost of the product. Also, the European demand decreased significantly post inflation because product offtakes remained less from the regional market by the end-user pharmaceutical producers, who were cautious before making any purchase. The companies reduced their profit margins to increase the trade of goods in the market, which further levied its impact on the offers for the pharma and industrial grade in the European market. Also, depreciated currency values further reflected the prices negatively. By the termination of Q3, Mono Propylene Glycol prices slightly raised due to a firmer propylene oxide market and more vital regional buying trends. As per the data, the Mono Propylene Glycol prices for pharma grade in Germany settled at USD 3236/MT FOB Hamburg. https://www.chemanalyst.com/Pricing-data/mono-propylene-glycol-1484

  4. Mono Propylene Glycol Supply in Global Market online

  5. The Mono Propylene Glycol market online During the third quarter of 2022, the Mono Propylene Glycol market exhibited sluggish market sentiments across the Asia Pacific region. The feedstock Propylene oxide consistently fluctuated in the Asian market with weakened cost support towards Mono Propylene Glycol. The manufacturers of Mono Propylene Glycol had high inventory, so the market stock was abundant. Also, the production cost for the pharmaceutical grade continued to deteriorate throughout the third quarter, prompting producers to keep the prices lower. The demand for Mono Propylene Glycol in downstream pharmaceutical industries was relatively bleak in the regional market despite the prominent price gap between Mono Propylene Glycol and other alcohols. The sinking trading atmosphere due to reduced imports from overseas prompted decreased Mono Propylene glycol prices in India. The Mono Propylene Glycol prices in the Indian market staggered downwards and dropped by 3.5% till August. By the end of the quarter, the market started to improve, with prices stabilizing at INR 206000/MT Ex- Mumbai and INR 171800/MT CFR JNPT due to better demand and limited supply. https://www.chemanalyst.com/Pricing-data/mono-propylene-glycol-1484

  6. Mono Propylene Glycol Price Trend and Forecast

  7. Demand of Mono Propylene Glycol online

  8. The price movement of Mono Propylene Glycol scaled down in the European market

  9. Mono Propylene Glycol prices followed a downward trajectory in North America At the start of Q3 2022, the Mono Propylene Glycol prices followed a downward trajectory in North America due to the declining costs of its primary feedstock- propylene oxide with weakened downstream demand from pharmaceutical and personal care industries. During the third quarter of 2022, the Mono Propylene Glycol market exhibited sluggish market sentiments across the Asia Pacific region. The feedstock Propylene oxide consistently fluctuated in the Asian market with weakened cost support towards Mono Propylene Glycol.

  10. Contact Us: ChemAnalyst Contact No:- +1 3322586602 E-Mail:- sales@chemanalyst.com websites:- www.chemanalyst.com

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