Butyric Acid Price: Latest Trend, Historical & Forecast Data
Key Details About the Butyric Acid:
In the last quarter, the Butyric Acid Price Trend was shaped by several factors, primarily influenced by demand from the animal feed and food industries. The steady rise in animal feed consumption, particularly in North America, helped maintain market stability. Additionally, stronger demand from the food and flavoring sectors, especially in the U.S., further supported stable market conditions. Supply remained sufficient, supported by the stable availability of feedstocks like propylene. On the other hand, the Asia-Pacific (APAC) region faced challenges due to logistical disruptions and seasonal dips in demand. However, both North America and Europe benefited from resilient supply chains, helping keep prices steady. Increased production capacity and the resumption of operations at key chemical plants in Europe also ensured adequate supply and prevented price surges.
Price of Butyric Acid Last Quarter:
- United States: 1385 USD/MT
- China: 1508 USD/MT
- France: 1745 USD/MT
Factors Affecting Butyric Acid Price Trend Across Regions:
Butyric Acid Price Trend in North America:
In North America, butyric acid prices remained stable throughout the second quarter due to a balance between supply and demand. Moderate consumption in the animal feed sector, combined with stronger demand from the food and flavoring industries, kept the market steady. Well-functioning supply chains also minimize price fluctuations.
Butyric Acid Price Trend in Asia-Pacific (APAC):
In the APAC region, butyric acid prices declined, mainly driven by lower demand from the animal feed sector. Seasonal decreases in pork consumption during the summer, along with logistical challenges like port congestion and rising shipping costs, contributed to the price drop. China experienced the largest decline, influenced by reduced manufacturing activity and an oversupply of ethylene, affecting propylene availability.
Butyric Acid Price Trend in Europe:
Europe saw a significant decrease in butyric acid prices during the second quarter, primarily due to improved supply conditions. The restart of production at key facilities, including OQ Chemicals and LyondellBasell, boosted availability and reduced costs. Weaker demand in sectors such as chemical intermediates and manufacturing, particularly in France, further contributed to the consistent price drop across the region.
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Overall, Price Trend and Regional Prices Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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