Tetrabromobisphenol A Price Trend and Forecast

Regional Price Overview

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

Tetrabromobisphenol A Price Trend for the Second Half of 2023

Asia

The cost of tetrabromobisphenol A registered a notable decline, particularly in the last quarter of 2023. As tetrabromobisphenol A is widely used in the plastic manufacturing business, changes in demand within this sector have a direct impact on Tetrabromobisphenol A prices in the H2 of 2023. Further, changes in the phenol and acetone feedstock market trends also asserted a negative impact on the tetrabromobisphenol A industry.

Tetrabromobisphenol A Price Chart

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Europe

For the relevant period of Q4'23, the European Tetrabromobisphenol A market was seen to be fluctuating on the lower side. Since acetone and phenol, the market's feedstock materials were both seen to be depreciating at this time, the market thus failed to receive any cost support from them. The primary cause of this decline in the Tetrabromobisphenol A market behavior was the slowdown in manufacturing operations around the New Year's holiday season.

North America

The North American Tetrabromobisphenol A market fared better on the pricing trajectory than the European market did. Prices also increased in tandem with steady and rising demand by the end of the year. Acetone and phenol also contributed significantly to this uptick in the price trend. Additionally, consumer interest in the sector also inclined gradually throughout the quarter, benefiting the tetrabromobisphenol A price trend.

Analyst Insight

According to Procurement Resource, the price trend of Tetrabromobisphenol A is expected to follow a mixed trend in the upcoming quarters as consumer sentiments seem bleak.

Tetrabromobisphenol A Price Trend for the First Half of 2023

The price trend for Tetrabromobisphenol A fluctuated throughout the first half of 2023. The Tetrabromobisphenol A prices mainly vary with its feedstock Bisphenol A and Bromine prices, which were unable to provide any substantial cost support.

As the industries had just started reviving in China, the construction sector was still slow since the market was more necessity-driven. Similarly, in Europe, the bad economic conditions and high inflation kept consumers at bay, restricting the market offtakes.

Compared to the already existing high inventories, the demands from downstream construction, chemical, and adhesive sectors were very limited. This led to sluggish sentiments in the Tetrabromobisphenol A market. Some temporary, occasional upward fluctuations were noticed, but the market remained in a slump. Overall, dull market sentiments were noticed.

Analyst Insight

According to Procurement Resource, the price trend of Tetrabromobisphenol are expected to oscillate in the coming months, given the current volatilities in the global market fundamentals.

Procurement Resource provides latest prices of Tetrabromobisphenol A. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.