Isodecanol Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Isodecanol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Isodecanol Price Trend for the Second Half of 2023

Asia

The isodecanol price trend witnessed variations during the second half of the year 2023, with a stronger momentum in the third quarter. The market performance was average by large throughout the said period as the variations were confined within narrow limits.

Isodecanol Price Chart

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The third quarter saw better trade dynamics globally than the later months of the fourth quarter as the latter was muddled with various geopolitical disturbances; the shipping industry was also struggling. The industrial demands from the antifoaming and surfactant markets were not very supportive of the Asian isodecanol market, as the international demands subsided consistently in the fourth quarter. Overall, a very underwhelming price pattern was witnessed.

Europe

The European isodecanol market reflected a resemblance with the Asian market as the prices were observed to be vacillating here as well. The market prices started firmer in the third quarter; however, they saw a swift decline in the fourth quarter. At the beginning of the third quarter, the market demands were still regular and steady, which, when coupled with strained supplies, supported the price trend. Albeit the long holiday season in the fourth quarter trampled the industrial demands hampering the isodecanol prices in the European market.

North America

The North American isodecanol market followed its Asian and European counterparts during the last two quarters of 2023. After wavering slightly yet positively during the third quarter, the prices started to fall in the fourth quarter. Supplies exceeded demands by large margins in the later months. Overall, mixed market sentiments were witnessed in H2’23.

Analyst Insight

According to Procurement Resource, the Isodecanol price trends are expected to continue to waver in the coming months. The current market dynamics propose a steady run for Isodecanol markets.

Isodecanol Price Trend for the First Half of 2023

Asia

In the first quarter, isodecanol prices faced southwards as the upstream industries suffered a decline in the number of sales. The market trend was also weak due to the strengthening of the US dollar as compared to Asian currencies.

In the initial phase of the second quarter, however, the rise in momentum was supported by a hike in palm oil and production costs. But in the second half of this quarter, we faced a significant decline in the number of inquiries from the surfactant and detergent industries. The Labor Day holidays in many Asian countries leading to disruptions in the supply chains also contributed heavily to the fall in the prices of isodecanol.

Europe

The consumption of surfactant and detergent industries failed to support the rise in the prices of isodecanol in the initial phase of the first quarter. The conditions of these industries, however, improved in the second half of the quarter. The inclination in prices was also supported by the easing of the pressure of inflation rates. However, the second quarter could not hold the momentum amid weak trading activities and the influx of isodecanol in excess. The cost of production also declined consistently, leading to a decline in the prices of isodecanol.

North America

In the first quarter, the feeble support of downstream and upstream industries only caused the prices of isodecanol to move in a negative direction. The southward movement of the US economy further accelerated the declining trajectory of the isodecanol prices. In the second quarter, too, the rising uncertainties caused by the failure of two major US banks, reduction in the number of orders, and improvement in supply chains proved to be against the rise in the prices of isodecanol.

Analyst Insight

According to Procurement Resource, the price trend of Isodecanol is estimated to struggle with the fall in demand from the detergents sectors.

Isodecanol Price Trend for the Second Half of 2022

Asia

The market for Isodecanol is dependent on its feedstock propylene. The propylene market remained sluggish in the third and fourth quarters of 2022. The stagnancy was attributed to the consistently declining demand from the end-user industries, high availability of the product, and uneven market conditions. The export activities also fell steeply, especially in the third quarter of 2022 and the control of OPEC+ over the crude oil prices hampered the price trend of Isodecanol in the Asia-Pacific region.

Europe

The European market was unfavourable in terms of the price hike of feedstock propylene thereby directly impacting the price trend of Isodecanol. The market witnessed a huge decline as the economy and trade activities in the region were hampered by the rising fears of recession.

The low level of inquiries, increasing inflation, and high production rates resulted in weak confidence of the consumer and thus subdued the demand from the end-user industries. In the fourth quarter, the prices rebounded as the market tried to recover by resuming its production practices after the holiday season. In all, the price trend of Isodecanol followed a negative growth in the European region for the third and fourth quarters of 2022.

North America

In North America, the prices of Isodecanol were majorly affected by the availability of feedstock materials and demand patterns. The domestic and international markets remained favourable towards the price hike of the commodity in the third quarter. However, in the fourth quarter, the prices remained stagnant due to high inflation and interest rates along with reduced offtakes from the domestic market. This caused disruptions in the supply-demand equilibrium and thus aided the downfall of Isodecanol prices.

Analyst Insight

According to Procurement Resource, the prices of Isodecanol are expected to showcase a mixed trajectory as the demand in the domestic and international markets is uncertain amid high inflation and production rates.

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