Diisopropyl Ether Price Trend Analysis: Q4 2024
In Q4 2024, the Diisopropyl Ether market showed slight upward movements in some regions, while others saw marginal declines. Belgium recorded a 2.2% increase, with prices rising to $1930/MT, and Germany experienced a 1.7% rise, reaching $1891/MT. Turkey saw a smaller increase of 1.3%, with prices at $1953/MT. China and South Korea saw modest gains, with prices increasing by 0.8% to $1626/MT and 0.7% to $1657/MT, respectively.
However, Saudi Arabia saw a decrease of 1.3%, with prices falling to $1761/MT. The overall market remained subdued due to the ongoing global economic challenges, with fluctuating demand and supply issues continuing to impact the market, especially in regions with industrial slowdowns.Â
Diisopropyl Ether Price Trend Analysis: Q3 2024
In Q3 2024, the Diisopropyl Ether market experienced mixed trends, with price increases in some regions and significant declines in others. Belgium saw a 2.2% increase, with prices rising to $1888/MT, while Germany also saw a modest rise of 2.0%, reaching $1860/MT. Turkey recorded the highest increase, up by 3.0%, with prices rising to $1929/MT, driven by regional demand recovery. However, several key markets saw substantial price declines.
China experienced a sharp drop of 15.9%, with prices falling to $1613/MT, and Saudi Arabia and South Korea also faced significant reductions, with prices falling by 12.4% and 15.2%, respectively, to $1784/MT and $1645/MT. These declines were attributed to weakened demand in key sectors like chemicals, automotive, and manufacturing, along with ongoing global economic challenges and logistical bottlenecks.Â
Diisopropyl Ether Price Trend Analysis: Q2 2024
During Q2 2024, the Diisopropyl Ether market continued to face downward price pressures across most regions, with Belgium, China, Germany, Saudi Arabia, South Korea, and Turkey all experiencing declines. Belgium saw a drop of 2.7%, with prices falling to $1847/MT, while China and Germany both recorded a decrease of 2.8%, with prices reaching $1917/MT and $1824/MT, respectively.
South Korea saw a decline of 2.6%, bringing prices down to $1939/MT, and Saudi Arabia experienced a 2.1% decrease to $2036/MT. Turkey followed suit with a 2.5% drop, with prices falling to $1872/MT. The overall decline in prices across most regions can be attributed to weaker demand from key sectors such as automotive, chemicals, and manufacturing, combined with ongoing economic slowdowns and logistical challenges impacting global supply chains.Â
Diisopropyl Ether Price Trend Analysis: Q1 2024
During Q1 2024, the Diisopropyl Ether market experienced mixed price trends across regions due to several key factors. Saudi Arabia saw a slight price increase of 0.8% to $2079/MT, supported by steady domestic demand, particularly from sectors like chemicals and pharmaceuticals. However, most other regions faced price declines.
Belgium, Germany, and Turkey saw significant drops of 9.2%, 9.3%, and 8.0%, respectively, due to weaker industrial demand, particularly in sectors like automotive and manufacturing. China and South Korea saw declines of 2.5% to $1971/MT and 1.9% to $1992/MT, respectively, as demand from key sectors like electronics and automotive remained subdued amid ongoing economic uncertainties and global supply chain disruptions.
The overall market faced downward pressure from weak demand across various industries, economic slowdowns in key markets, and continued supply chain disruptions.Â