BASIC CHEMICALS

Phenylethylene Spot Price: Key Insights for China Suppliers

As a reliable supplier of Phenylethylene, we understand the importance of competitive pricing and quality in today’s market, especially in China. Our spot price for Phenylethylene is tailored to meet the diverse needs of B2B purchasers, ensuring you get the best value without compromising on excellence. We prioritize building strong relationships with our clients, offering personalized support and prompt responses to inquiries. With our extensive network and expertise, we specialize in delivering Phenylethylene that meets industrial standards, making us a trusted partner in your supply chain. We are committed to transparency in pricing, helping you make informed purchasing decisions. Whether you're looking to secure bulk orders or need quick spot purchases, we're here to assist you every step of the way. Experience the difference of working with a dedicated supplier who puts your needs first and drives your business success.

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Phenylethylene Spot Price Ahead of the Curve Factory-Direct Excellence

In the dynamic landscape of chemical procurement, the phenylethylene market demonstrates significant fluctuations in spot pricing, offering crucial opportunities for global buyers. With the increasing demand for high-quality phenylethylene across diverse industries, staying informed about pricing trends is essential. This compound, known for its applications in the production of various plastics and synthetic materials, is witnessing a surge in consumption, driven by technological advancements and innovations. As procurement professionals, understanding the factors influencing phenylethylene prices is vital. Market conditions, production capacities, and geopolitical events contribute to price fluctuations. Engaging directly with manufacturers can yield significant benefits, including better pricing and tailored supply agreements. Navigating these factors effectively ensures that procurement strategies align with market dynamics, allowing businesses to secure high-quality materials while optimizing costs. Emphasizing factory-direct excellence means prioritizing collaboration with manufacturers who maintain stringent quality control processes and sustainable production practices. By forging strong partnerships, global buyers can not only acquire phenylethylene at competitive rates but also ensure a reliable supply chain, enhancing overall operational efficiency. As the market continues to evolve, adopting a proactive stance in sourcing will empower businesses to stay ahead of their competition.

Phenylethylene Spot Price Ahead of the Curve Factory-Direct Excellence

Date Spot Price (USD) Region Supply Status Demand Forecast
2023-10-01 $1.25 North America Stable Increasing
2023-10-08 $1.30 Europe Limited Stable
2023-10-15 $1.28 Asia Improving Decreasing
2023-10-22 $1.27 Oceania Stable Increasing
2023-10-29 $1.32 South America Weak Stable

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Phenylethylene Spot Price Manufacturer More Than a Supplier - A Partner

Global Phenylethylene Price Trends Over the Last Five Years

The chart above illustrates the global spot price trends of phenylethylene over the past five years, from 2019 to 2023. The data shows a noticeable fluctuation in prices, with the lowest point in 2020 at USD 1,100 per ton due to the impact of market adjustments and lower demand during the pandemic. In 2021, prices rebounded significantly as demand surged, reaching the highest point of USD 1,500 per ton, reflecting a recovery in the industrial sector.

By 2022, the prices have stabilized slightly at USD 1,300 per ton, indicating a balance between supply and demand in the market. However, 2023 has shown a substantial increase to USD 1,600 per ton, likely influenced by rising costs of production and an increase in consumption across various sectors. This trend emphasizes the importance of partnerships in navigating price fluctuations and stabilizing supply chains in the volatile chemical market.

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