North America Dipropylene Glycol Monomethyl Ether Prices Movement Q2

Dipropylene Glycol Monomethyl Ether Prices in United States:

In June 2024, Dipropylene Glycol Monomethyl Ether Prices in the United States steadily rose to 1850 USD/MT. The key industrial sectors such as coatings, paints, and adhesives were expected to see a significant effect by strong demand. Further, the increased vehicle sales alongside a buoyant market sentiment energizing purchasing activity. Maintenance turnarounds at major production facilities in Texas put a dent in supply availability. Holiday buying and lively construction also applied pressure on the prices further. There was limited supply, but demand stayed at high levels throughout the quarter which drove prices upward into the second quarter.

Dipropylene Glycol Monomethyl Ether Prices in China:

In June 2024, dipropylene glycol monomethyl ether prices in China fell to 1645 USD/MT due to an oversupply. Despite steady demand from the paints and coatings industries, surplus inventories pressured prices downward. The monsoon season reduced construction activity, lowering related purchases. Additionally, production was disrupted by shutdowns at key plants, further affecting supply. However, the high stock levels outweighed demand, creating a bearish market trend as supply exceeded what the market could absorb during the second quarter.

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Dipropylene Glycol Monomethyl Ether Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Dipropylene Glycol Monomethyl Ether price trend, offering key insights into global Dipropylene Glycol Monomethyl Ether 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 Dipropylene Glycol Monomethyl Ether 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.

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