Phenol Prices, Pricing Report, Chart & History Data

North America Phenol Prices Movement Q4:

Phenol Prices in the United States:

Product	Category	Price
Phenol	Petrochemicals	1088 USD/MT

In Q4 2024, United States Phenol Prices saw a steady fall to 1,088 USD/MT in December. The decline was mainly fueled by poor demand from major industries including polymers, automotive, and construction, as they grappled with other economic issues. The market was in decline in October, yet it further deepened in November as a result of seasonal slackening, overproduction, and stock-reducing measures on the part of manufacturers. By December, an oversupply condition maintained prices at low levels, with conservative buying sentiment and economic uncertainties depressing market sentiment. All these factors combined to create the Phenol Price History Chart, which showed the stringent market conditions and continuous price declines during the last quarter of the year.

Get the Real-Time Prices Analysis: https://www.imarcgroup.com/phenol-pricing-report/requestsample

 

Note: This analysis can be adjusted to align with the customer's individual preferences

 

APAC Phenol Prices Movement Q4:

Phenol Prices in China:

Product	Category	Price
Phenol	Petrochemicals	874 USD/MT

During Q4 2024, Phenol Prices in China witnessed a steady fall, to 874 USD/MT in December, on account of weak demand and elevated inventory levels. The decline in the automotive and construction industries also played a large role in the price decline, as decreased industrial activity resulted in decreased consumption. The market had an initial dip in October that was exacerbated in November as producers tried to destock and cut back production in order to find an equilibrium between supply and demand. By December, the decline continued, with excess inventory and weak demand keeping any significant recovery at bay. Moreover, economic uncertainties and seasonal downturns further affected profitability, and the final quarter of 2024 was especially trying for the Chinese phenol market. These fluctuations are seen in the Phenol Price Forecast Chart, which outlines the constant pressure on prices as well as the trying market conditions during this time.

Regional Analysis:  The price analysis can be extended to provide detailed Phenol 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 Phenol Prices Movement Q4:

Phenol Prices in Germany:

Product	Category	Price
Phenol	Petrochemicals	1073 USD/MT

Phenol Prices in Germany in Q4 2024 experienced fluctuations, eventually settling at 1,073 USD/MT by December. The market incrementally lost ground thanks to dismal demand and supply in excess, primarily as dominant markets such as construction and polyester braked hard. Prices plunged during October owing to a weaker industry performance and December also saw weakening prices regardless of some re-bidding as demand remained light in the previous session. As the cost of benzene dropped later by December, its pressure made additional price reductions at this juncture inevitable. High inventories and continuous economic insecurity made it difficult for industry stakeholders to stay profitable, having Phenol Prices on the decline during the quarter. All these made for a difficult market condition for phenol manufacturers in Germany.

Regional Analysis:  The price analysis can be expanded to include detailed Phenol price data for a wide range of European countries:

such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.

 

What is The Price Forecast for Phenol:

The Phenol Price Forecast indicates a mixed outlook, shaped by changing raw material costs, potential demand recovery in key sectors, and global economic conditions. If benzene prices stay low and industrial demand remains weak, Phenol Prices may continue to experience downward pressure. However, possible supply chain disruptions, increased activity in the construction and automotive sectors, or rising crude oil prices could lead to a rebound. Overall, market conditions will largely hinge on production adjustments, inventory levels, and broader economic stability in the months ahead.

Speak To An Analyst: https://www.imarcgroup.com/request?type=report&id=22538&flag=C

 

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 the IMARC Pricing Database Can Help

The latest IMARC Group study, “Phenol Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of the Phenol price trend, offering key insights into global Phenol market dynamics. This report includes comprehensive price charts, which trace historical data and highlight 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 Phenol demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the price 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.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-631-791-1145