Tertiary Butyl Alcohol Price Trend Analysis: Q4 2024
In Q4 2024, TBA prices are projected to experience a sharp decline, falling to USD 1187/MT, a decrease of 11.55%. This downturn is expected due to the seasonal slowdown in demand from key sectors such as automotive, paints, and coatings following the peak consumption periods in previous quarters.
With production levels remaining stable, this decrease in demand, along with replenished inventories, is likely to exert downward pressure on prices as the market adjusts to changing dynamics heading into the end of the year.
In Q4 2024, TBA prices are projected to experience a slight increase, rising to USD 1215/MT, a modest 0.64% increase from the previous quarter. This small rise is expected to be driven by steady demand from key sectors, though the market is likely to face a seasonal slowdown in some industries toward the end of the year.
With production remaining stable and inventories replenished, prices may stabilize at these levels as the market adjusts to the changing dynamics heading into the new year.
Tertiary Butyl Alcohol Price Trend Analysis: Q3 2024
For Q3 2024, a significant increase in TBA prices is expected, with prices rising to USD 1342/MT, marking a 10.31% increase. This growth is anticipated to be driven by continued strong demand from industries like automotive, paints, and coatings, especially as seasonal demand peaks during the summer months.
Any disruptions in the supply chain, such as production outages or maintenance in manufacturing facilities, could further tighten market conditions, prompting additional price hikes.
For Q3 2024, a more significant price increase is expected, with TBA prices rising to USD 1228/MT, reflecting an 8.40% increase. This growth is expected to be fuelled by stronger demand from industries such as automotive, paints, and coatings, particularly during the peak summer season.
Any potential supply disruptions, such as production outages or maintenance at key manufacturing facilities, could further tighten supply conditions and drive prices up.
Tertiary Butyl Alcohol Price Trend Analysis: Q2 2024
In Q2 2024, Tertiary Butyl Alcohol (TBA) prices continued to rise, gaining 5.60% to reach USD 1217/MT. This price increase was driven by a rebound in demand from end-use industries such as automotive, coatings, and chemicals, as manufacturers began restocking inventories in anticipation of higher seasonal demand.
Additionally, any supply disruptions or maintenance activities at key production facilities may have contributed to tighter supply conditions, further supporting the upward price trend.
In Q2 2024, Tertiary Butyl Alcohol (TBA) prices saw a modest increase of 0.43%, reaching USD 1114/MT. This slight rise was driven by a recovery in demand from key industries, particularly in automotive, coatings, and chemicals, as manufacturers began to restock inventories in preparation for higher seasonal demand. Additionally, stable supply levels and minimal disruptions in production facilities helped support the modest price increase.
Tertiary Butyl Alcohol Price Trend Analysis: Q1 2024
In Q1 2024, Tertiary Butyl Alcohol (TBA) prices saw a moderate increase of 3.45%, reaching USD 1152/MT. This growth was mainly attributed to a recovery in demand from several industries, particularly in paints, coatings, and adhesives.
The increase in demand was further supported by stable feedstock prices and consistent production. However, some buyers remained cautious in their purchasing decisions, anticipating potential fluctuations in prices in the upcoming months.
In Q1 2024, Tertiary Butyl Alcohol (TBA) prices saw a significant decrease of 6.57%, settling at USD 1109/MT. This drop was mainly due to reduced demand from various end-use industries, especially as manufacturing activity slowed down.
Despite stable feedstock prices, the market faced challenges with weaker demand, which exerted downward pressure on prices. Additionally, the market was affected by cautious purchasing decisions as buyers anticipated further price fluctuations in the coming months.