North America Polybutylene Terephthalate (PBT) Prices Movement Q3
Polybutylene Terephthalate (PBT) Prices in United States:
U.S. polybutylene terephthalate (PBT) prices during the third quarter of 2024 fell to $3,390 per metric ton in September. This was attributed to reduced feedstock prices, mainly butanediol, which resulted in over-supply. The price trend, however, inched up marginally quarter-on-quarter, leaving room for some buoyancy within the market. The price dynamics within the competitive domestic supply chain also had an influence on final pricing, and the general sentiment remained bearish.
Polybutylene Terephthalate (PBT) Prices in Japan:
In Japan, the polybutylene terephthalate (PBT) price fell to 2,900 USD/MT in September 2024. Price drops were very severe on the market, mainly due to poor demand for the material in important sectors such as electronics and automotive. This has further pressure on the price caused by an oversupply of goods. Under these circumstances, suppliers make some strategic moves, but these do not change the overall bearish nature of the market. It is reported to be suffering from weak demand and excess inventory levels.
Polybutylene Terephthalate (PBT) Prices in Germany:
Polybutylene theraphthalate (PBT) price dropped to 4,800 USD/MT in September 2024 in Germany. Much was due to weak demand from key sectors like electrical and automotive, which resulted in oversupply. Supporting feedstock cost stability for butanediol and PTA did not help the market's overall pressure. The economy was uncertain, and competition was pretty stiff, which determined buying strategies end-to-end. Thus, all serving as the overarching reasons for a decline in prices across the region.
Polybutylene Terephthalate (PBT) Prices in Brazil:
In September of Q3/2024, polybutylene terephthalate prices in Brazil stood at 3,300 USD/MT. Lower feedstock costs and decreased demand from the electrical and automotive sectors were some of the other factors behind this price depression. Price pressures are further intensified by seasonal dampening in purchase activity. Logistical problems combined with dynamic changes in the market have all affected the already negative market sentiment; as a result, suppliers came up with flexible price and inventory management strategies to stay competitive.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Polybutylene Terephthalate (PBT) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Polybutylene Terephthalate (PBT) price trend, offering key insights into global Polybutylene Terephthalate (PBT) 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 Polybutylene Terephthalate (PBT) 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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