Phosphonate Prices: During the Quarter Ending December 2023

North America:

During the fourth quarter of 2023, the Phosphonate market in the USA displayed mixed sentiments, witnessing fluctuating prices throughout the period. October saw a surge in Phosphonate prices in the US due to heightened import costs, but by November, inflation subsided, leading to improved business conditions. This positive trend continued into December as inflationary pressures eased further. Increased demand from water treatment and associated industries contributed to enhanced business conditions, while major exporting nations adjusted selling prices upward due to rising production costs.

November witnessed heightened consumer spending and improved market activities, bolstering overall economic conditions. However, downstream industries experienced only moderate demand. Despite concerns about potential recession, inflation, and geopolitical uncertainties, consumer confidence in the US grew in both November and December, signaling optimism about future business conditions.

Overall, the Phosphonate market in North America remained stable, with steady product procurement observed. Throughout the quarter, high inflation, higher interest rates, and ongoing geopolitical tensions with China influenced market sentiments in the region.

Get Real Time Prices of Phosphonate: https://www.chemanalyst.com/Pricing-data/phosphonate-1462

APAC:

In the APAC region, the Phosphonate market in Q4 2023 witnessed a stable situation with moderate supply. Domestic manufacturers operated at a moderate pace due to low purchase orders, resulting in sufficient inventory levels to meet consumer demand. However, production costs continued to rise due to increased cost support from upstream Yellow Phosphorus. Moderate production rates in domestic manufacturing facilities, coupled with low purchase orders, contributed to the stable market situation. In China, the market experienced a bullish trend with moderate supply. Phosphonate prices, specifically DTPMP and ATMP, saw an increase of 2.1% and 2.8% respectively compared to the previous quarter, attributed to the increased cost support from upstream Yellow Phosphorus. Overall, the APAC Phosphonate market remained stable in Q4 2023, with moderate supply and production rates. Prices in China experienced a bullish trend due to increased production costs, with the latest price of Phosphonate ATMP 50%-FOB Shanghai standing at USD 995/MT for the quarter.

Europe:

The Phosphonate market in Europe during the fourth quarter of 2023 was marked by a bearish sentiment and low demand from detergent, cleaning, and water treatment industries. Prices decreased due to imports of low-priced goods and a poor demand outlook. In Germany, the largest market for Phosphonate in the region, prices dropped further as consumer inquiries remained subdued and inflation reached its lowest level since the Ukraine crisis. Weak overall market sentiments and limited market transactions led to moderate supply and inventory levels. Although there was a 4% decrease in prices compared to the previous quarter, the price remained stable at USD 1050/MT of Phosphonate ATMP-CFR Hamburg in Germany for the current quarter. Factors influencing the market included imports of low-priced goods, sluggish consumer demand, and fluctuations in energy prices. Overall, the market outlook for Phosphonate in the Europe region during the fourth quarter of 2023 was characterized by low demand and bearish pricing trends.

Get Real Time Prices of Phosphonate: https://www.chemanalyst.com/Pricing-data/phosphonate-1462

Contact Us:

ChemAnalyst

GmbH - S-01, 2.floor, Subbelrather Straße,

15a Cologne, 50823, Germany

Call: +49-221-6505-8833

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com