North America Propionic Acid Prices Movement Q3:
 

Propionic Acid Prices in United States:

The propionic acid prices in the United States for Q3 reached 765 USD/MT. In the third quarter of 2024, propionic acid prices in the United States reached 765 USD per metric ton (MT), reflecting a stable market amidst fluctuating demand. This pricing trend is influenced by the compound's diverse applications, particularly in the food preservation and agricultural sectors, where it serves as a key preservative and herbicide. Additionally, factors such as production costs and supply chain efficiencies have played a role in shaping these prices. As manufacturers respond to market needs, the stability in propionic acid pricing suggests a balanced interaction between supply and demand, providing a reliable outlook for stakeholders in related industries.

APAC Propionic Acid Prices Movement Q3:

Propionic Acid Prices in China:

The price trend for propionic acid in China for Q3 settled at 870 USD/MT. In the third quarter of 2024, the price trend for propionic acid in China settled at 870 USD per metric ton (MT), reflecting a robust demand driven by its applications in food preservation and agriculture. This price point indicates a slight increase compared to previous quarters, influenced by rising production costs and supply chain adjustments. The growing emphasis on food safety and quality has further propelled the need for propionic acid as a preservative, making it essential for manufacturers. As the market continues to evolve, producers in China are likely to adapt their strategies to maintain competitiveness and meet both domestic and international demands effectively.

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How IMARC Pricing Database Can Help

The latest IMARC Group study, “Propionic Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Propionic Acid price trend, offering key insights into global Propionic Acid 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 Propionic Acid demand, illustrating how consumer behavior 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.

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