As of the week through November 29th, Polyetheramine prices remained stable, with an average price of USD 1860/ton FOB Shanghai and USD 2470/ton FOB Jurong. Both the Chinese and Singapore markets saw a combination of big-ticket items, with fewer responses from suppliers to buyers. Consumption in the construction sector remained steady, with demand largely driving the market. Indian market prices showed only negligible decreases in Polyetheramine during the same period.
In the second and third quarters, Polyetheramine prices experienced a downward trend. Prices declined from the levels seen in Q1, with reduced demand and less activity in the market contributing to the decrease. This trend reflected a combination of factors, including lower consumption in key sectors like construction and a reduction in supplier responses. Consequently, both Chinese and Singapore markets saw a moderation in prices during these periods.
In the first quarter, Polyetheramine prices were around USD 2000 per ton FOB Shanghai and USD 2800 per ton FOB Jurong. These price levels reflected steady market conditions, with balanced supply and demand dynamics during this period. The prices were influenced by factors such as demand from key industries, including construction, and the availability of raw materials in both the Chinese and Singapore markets.