Cellulose Prices

Cellulose Prices December 2023

The cellulose market in the USA faced challenges due to a decline in construction industry demand, high labor costs, rising material prices, and a seasonal winter lull. This led to a slight price decline. Despite stable supplies and product availability, market sentiment remained negative. However, the mid-quarter saw a positive shift due to automotive demand and Christmas restocking activities, resulting in cellulose prices reaching 4185 USD/MT in December.

On the other hand, the market in China remained stable with moderate demand and consistent supplies throughout Q4 2023. However, a narrowed demand-supply gap and subdued overseas sales led to significant price fluctuations. Prices increased by a minor margin in November, then declined in December and January. This negative trend, reaching 5154 USD/MT in December, was driven by weak international sales and a narrow demand-supply gap.

Cellulose Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Cellulose Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of cellulose pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of cellulose at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of cellulose price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing cellulose price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Cellulose Market Analysis

The global cellulose market size reached US$ 1.872 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 2.81 Billion, at a projected CAGR of 4.60% during 2023-2032.

• The global market is experiencing significant growth driven by the increasing demand from the thriving paper and pulp industry. With the rising consumption of paper-based products worldwide, cellulose serves as a key raw material for paper production.
• In confluence with this, the growing awareness regarding environmental sustainability is boosting the demand for cellulose-based products as an eco-friendly alternative to synthetic materials, thus creating a positive outlook for market expansion.
• Moreover, the expanding pharmaceutical and food industries spurring the demand for cellulose derivatives such as cellulose ethers and cellulose acetate, which are widely used as excipients and additives are providing an impetus to the market growth.
• The rising product utilization in the textile industry for manufacturing fibers with improved properties, including strength, absorbency, and biodegradability, is contributing to the market expansion.
• Another factor driving the market growth is the increasing use of cellulose in the construction sector for producing eco-friendly building materials such as cellulose insulation and fiberboard.
• Concurrently, ongoing technological advancements in cellulose production processes, including enzymatic hydrolysis and fermentation, are enhancing the efficiency and cost-effectiveness of cellulose production, thereby presenting lucrative opportunities for the market growth.
• In addition to this, the growing demand for cellulose in the cosmetics and personal care industry for manufacturing skincare and haircare products is acting as another significant growth-inducing factor.
• Furthermore, the emergence of cellulose-based bioplastics as a sustainable alternative to conventional plastics is driving market demand amidst growing concerns over plastic pollution.
• The implementation of favorable government initiatives and regulations promoting the use of renewable and biodegradable materials, thereby encouraging the adoption of cellulose-based products across various industries is further fueling the market growth.
• Apart from this, the expanding research and development (R&D) activities aimed at exploring new applications and improving the properties of cellulose are expected to drive innovation and foster market growth.

Cellulose News

The report covers the latest developments, updates, and trends impacting the global cellulose market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in cellulose production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the cellulose price trend.

Latest developments in the cellulose industry:

• In February 2023, Asahi Kasei, a Japanese multinational, completed the construction of its second plant for Ceolus™ microcrystalline cellulose (MCC) at Mizushima Works, aiming to meet increasing demand for MCC in pharmaceutical tablets.
• In October 2023, Ashland introduced the next generation of modified methyl cellulose derivatives - Culminal GAP (Green Aware Performance) for premium cement adhesives.

Product Description

Cellulose, a polysaccharide found in plant cell walls, is a crucial organic compound with remarkable properties such as strength, rigidity, and insolubility in water. It forms the primary component of plant cell walls, providing structural support and enabling plants to stand upright and withstand environmental stresses.

Cellulose also serves as a dietary fiber for humans, promoting digestive health by adding bulk to stool and facilitating its passage through the digestive tract. Its low-calorie content makes cellulose-rich foods beneficial for weight management and overall health.

Cellulose's unique properties make it an essential product in the paper and textiles sector, as well as in various industries like pharmaceuticals, food, and cosmetics. Its derivatives, such as cellulose acetate and carboxymethyl cellulose, are used in various industries for their film-forming, thickening, and stabilizing properties.

Regional Coverage

The report provides a detailed analysis of the cellulose market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the cellulose price trend.

Global Cellulose Price

The report offers a holistic view of the global cellulose pricing trends in the form of cellulose price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of cellulose but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed cellulose demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Cellulose Price

Cellulose prices in the European market initially experienced a small depreciation but recovered in October and November. The construction sector's demand was low due to declining permits and industry downturns. Secondary FMCG sector demand showed strength due to improved purchasing activities. However, construction sector demand persisted for the thirteenth consecutive month, with housebuilding being the weakest-performing segment. Demand conditions remained unfavorable, with an all-time low in investment confidence and job shedding throughout the fourth quarter of 2023.

This analysis can be extended to include detailed cellulose price information for a comprehensive list of countries.

North America Cellulose Price

The North American cellulose market faced challenges in Q4 2023 due to low demand, stable supplies, and bearish market sentiment. The construction industry's slowdown, high labor costs, and winter lull contributed to this decline. However, seasonal demand from the automotive sector and preparations for restocking activities in the middle of the quarter induced optimism among traders. The USA experienced pricing fluctuations throughout the quarter, with the latest market price standing at USD 4185/MT.

Specific cellulose historical data within the United States and Canada can also be provided.

Middle East and Africa Cellulose Price

The report explores the cellulose pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on cellulose prices for countries can also be provided.

Asia Pacific Cellulose Price

In Q4 2023, cellulose pricing in the APAC region remained stable, with moderate demand and consistent supplies. Key factors influencing the market included a narrowed demand-supply gap, post-festive relaxation, and subdued overseas sales. China experienced significant price fluctuations, with a small decline in December 2023. The market maintained stability with minor price adjustments, with the negative trend in China attributed to a narrow demand-supply gap and sluggish overseas sales.

This cellulose price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Cellulose Price

The analysis of cellulose prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of cellulose pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting cellulose price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The cellulose price charts ensure our clients remain at the forefront of the industry.