Tetrakis Hydroxymethy Phosphonium Sulfate Prices In USA
- United States: 1435 USD/MT
The price of Tetrakis Hydroxymethyl Phosphonium Sulfate in the United States for Q4 2023 reached 2120 USD/MT (Polyol MW 3000, μ 400-650) in December.
The latest report by IMARC Group, titled "Tetrakis Hydroxymethyl Phosphonium Sulfate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of the Tetrakis Hydroxymethyl Phosphonium Sulfate Prices. This report delves into the price of Tetrakis Hydroxymethyl Phosphonium Sulfate globally, presenting a detailed analysis, along with informative Price Chart. Through comprehensive Price analysis, the report sheds light on the key factors influencing these trend. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the Demand, analyzing how it impacts Industry dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Tetrakis Hydroxymethyl Phosphonium Sulfate Prices December 2023:
- United States: 1435 USD/MT
- China: 1375 USD/MT
- Netherlands: 537 USD/MT
- Brazil: 1435 USD/MT
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The study delves into the factors affecting Tetrakis Hydroxymethyl Phosphonium Sulfate price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Tetrakis Hydroxymethyl Phosphonium Sulfate Price Trend- Q4 2023
The Tetrakis Hydroxymethyl Phosphonium Sulfate (THPS) market is primarily driven by its extensive applications in various industries, most notably in water treatment, pulp and paper, and oil and gas sectors. The rising demand for effective biocides in water treatment to ensure safe and clean water supplies is a significant factor propelling the market. Additionally, the pulp and paper industry utilizes THPS for its biocidal properties to prevent microbial growth during the paper manufacturing process. The oil and gas industry also relies on THPS to inhibit the formation of sulfate-reducing bacteria in oilfield water systems, thereby preventing souring and corrosion.
Furthermore, the increasing focus on sustainable and environmentally friendly chemical solutions enhances the appeal of THPS, given its low toxicity and high biodegradability. Market dynamics are also influenced by regional festivals, economic conditions, and production costs. For instance, seasonal factors such as the Chinese Lunar New Year can impact supply and demand, causing price fluctuations. Additionally, the interconnectedness of global markets means that changes in one region, like China, can ripple through to other markets.
Tetrakis Hydroxymethyl Phosphonium Sulfate Industry Analysis
During the last quarter, the pricing of THPS in North America was influenced by various factors. The Lunar New Year festivities in February led to a tightening of domestic supply, increasing demand from water utilities, but was countered by oversupply and low import prices, resulting in mixed pricing trends across different regions.
In the Asia Pacific region, the Chinese Lunar New Year also caused a tightening of domestic supply and increased demand for water utilities, but oversupply and low demand from downstream industries affected the market. Fluctuations in China influenced prices in other APAC countries due to the interconnectedness of regional markets.
In South America, the THPS market experienced notable price fluctuations, particularly in Brazil. The Lunar New Year festivities tightened domestic supply, leading to increased demand from water utilities. However, the market faced challenges from oversupply, low import prices, and reduced demand from downstream industries like water treatment and pulp and paper.
In Europe, the Netherlands saw significant fluctuations, with similar challenges including oversupply, reduced demand from downstream industries, and low import prices. Import prices and production costs heavily influenced the market dynamics, contributing to a decrease in THPS prices compared to the same quarter last year. These fluctuations were also driven by economic conditions in the water treatment, pulp, and paper sectors.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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