North America Phthalic Anhydride Prices Movement Q4:

Phthalic Anhydride Prices in USA:

Phthalic anhydride prices trend for Q4 2023 shows a decline, with prices dropping to $1330/MT in December. This decrease was mainly driven by rising storage facility stocks and weak demand from downstream industries, creating a sluggish market and exerting downward pressure on prices throughout the quarter.

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Note: The analysis can be tailored to align with the customer’s specific needs.

 

APAC Phthalic Anhydride Prices Movement:

Phthalic Anhydride Prices in China:

Phthalic anhydride prices in the Asia Pacific region showed a bearish trend in Q4 2023, largely due to imbalanced supply and demand. The phthalic anhydride prices index highlighted this decline, as steady naphthalene prices and weak o-xylene prices added to the downward pressure. The overall phthalic anhydride prices trend reflected this soft market sentiment.

Regional Analysis:  The price analysis can be extended to provide detailed Phthalic Anhydride price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

 Europe Phthalic Anhydride Prices Movement:

In Q4 2023, phthalic anhydride prices in Europe reached $1390/MT, driven by an oversupplied market and weak demand. This imbalance significantly affected phthalic anhydride prices demand, and the phthalic anhydride prices forecast indicates that such conditions may persist, potentially limiting price stability in the coming months.

 

Middle East Phthalic Anhydride Prices Movement:

In Q4 2023, phthalic anhydride prices in the Middle East rose to $1470/MT, reflecting regional market dynamics. This pricing was shaped by factors including supply-demand balance, feedstock availability, and production capacity, all of which played a key role in driving the overall phthalic anhydride pricing trend during the quarter.

 

Factors Affecting Phthalic Anhydride Prices:

Phthalic anhydride prices are influenced by factors such as raw material costs (primarily o-xylene and naphthalene), supply-demand imbalances, production capacity, and regional market conditions. Additionally, fluctuations in crude oil prices, transportation costs, and changes in downstream demand from industries like plastics and automotive play significant roles in determining pricing trends.

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Key Coverage:

• Market Analysis
• Market Breakup by Region
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Price Analysis
  • Spot Prices by Major Ports
  • Price Breakup
  • Price Trends by Region
  • Factors influencing the Price Trends
• Market Drivers, Restraints, and Opportunities
• Competitive Landscape
• Recent Developments
• Global Event Analysis

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Phthalic Anhydride Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2025 Edition,” presents a detailed analysis of Phthalic Anhydride price trend, offering key insights into global Phthalic Anhydride 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 Phthalic Anhydride demand, illustrating how consumer behaviour 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.

About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.

IMARC Group provides professional chemical price analysis services to enable businesses to leverage their pricing and maximize profitability. Our thorough research examines market trends, competitor prices, customer willingness-to-pay, and costs, making data-driven decisions possible. By establishing pricing opportunities and cost-saving initiatives, we enable organizations to remain competitive and maximize market potential. Whether it’s creating dynamic pricing strategies, performing cost benchmarking, or analysing pricing effects, our customized solutions enable companies to realize sustainable growth.

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