Nonyl Phenol Prices

Nonyl Phenol Prices September 2024

The nonyl phenol prices in India reached 2040 USD/MT in September. In Q3 2024, India’s nonyl phenol market displayed stable pricing trends, supported by steady orders from the detergent and personal care sectors. Seasonal monsoon effects had a minor impact on consumption levels, while a stable supply—ensured by reliable access to Phenol—helped maintain market equilibrium. Although labor strikes and port congestion posed challenges to the supply, demand-supply dynamics remained largely balanced. Despite some fluctuations in crude oil rates, the market closed the quarter on a positive note, highlighting resilience across production and distribution channels.

Nonyl Phenol Prices June 2024

The nonyl phenol prices in India reached 1973 USD/MT in June. During the second quarter of 2024, India’s nonyl phenol market saw a mix of pricing trends, shaped by seasonal demand variations and changing regional supply levels. Early in the quarter, demand spiked due to heightened activity within the surfactant industry, resulting in a temporary price rise. Favorable economic conditions in downstream sectors, particularly surfactants, drove increased production, with consumer demand peaking in April. However, by May and June, prices began to ease as demand stabilized and regional supplies grew. The onset of the monsoon season further slowed consumption, with manufacturers prioritizing inventory management over new stock purchases. By the end of the quarter, the product prices in India showed a downward trend, signaling a cautious market as buyers anticipated potential further declines.

Nonyl Phenol Prices March 2024

The nonyl phenol prices in India reached 2052 USD/MT in March. In Q1 2024, India’s nonyl phenol market saw a notable price rise propelled by tight regional supplies, limited imports, and stock scarcity. The disturbances in the Red Sea impacted cargo movement, raising logistics expenses and reducing accessibility. This led sellers to increase prices amid moderate demand. The quarter ended with a price rise, reflecting a bullish market as restricted supply combined with stable demand drove up nonyl phenol prices.

Nonyl Phenol Prices December 2023

The nonyl phenol prices in India for Q4 2023 reached 2585 USD/MT in December. In India, the market faced disputes due to constrained stock accessibility, which initially drove prices upward. However, as the surfactant industry showed little resilience, demand softened. Despite some price corrections in December, high inventory levels and cautious purchasing activities led to squeezed gross profit for producers, further contributing to market uncertainty.

Regional Coverage

The report provides a detailed analysis of the nonyl phenol 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 nonyl phenol price trend.

Global Nonyl Phenol Price

The report offers a holistic view of the global nonyl phenol pricing trends in the form of nonyl phenol 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 the current price but also provides insights into nonyl phenol historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into nonyl phenol 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 nonyl phenol 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 Nonyl Phenol Price

Q3 2024:

In the third quarter of 2024, Europe’s nonyl phenol market saw a notable price increase, with Germany experiencing significant variations. Multiple interconnected reasons contributed to this trend. The escalating crude oil rates drove up production costs, influencing nonyl phenol prices across Europe. Supply constraints combined with strong orders from the cleaning industry further intensified price pressures. Seasonal factors, such as holiday-related preparations and decreased production, also shaped pricing trends. As a key market, Germany observed marked price fluctuations due to steady demand amid supply issues and lower output, leading to scarcity that elevated rates. Despite a reduction in production towards the end of Q3, hinting at potential future order concerns, the market held a positive outlook.

Q2 2024:

In the second quarter of 2024, Europe experienced a steady rise in nonyl phenol prices, mainly due to limited supply, elevated manufacturing expenses, and variable base material rates. Supply problems, coupled with manufacturer-led manufacturing slowdowns, contributed to this scarcity, while rising functional costs sustained upward pressure on prices. Germany saw the largest price fluctuations, as seasonal orders in the surfactant industry aligned with usage patterns. This upward trend reflected a constrained yet balanced market, with steady demand facing restricted supply. Toward the Q2 end, this positive rate climate was further influenced by labor strikes at key German ports, including Hamburg and Bremerhaven, causing operational delays that impacted the export of automotive and machinery goods. As the strikes continued into mid-June, potential disturbances were anticipated to extend across the logistics network, adding uncertainty to economic activity across the region.

Q1 2024:

In the first quarter of 2024, Europe’s nonyl phenol market experienced price increases driven by heightened orders and limited supply availability. Supply challenges were exacerbated by logistical problems, particularly from Red Sea issues, while moderate demand from the chemical sector and seasonal shutdowns in March added further pressure. Rising worldwide crude oil rates, influenced by geopolitical uncertainties and OPEC+ production cuts, contributed to escalating cost pressures. However, Germany’s market showed more restrained price movements mid-quarter, thanks to balanced supply-demand dynamics and limited stock levels. With restricted production capacity and elevated operational expenses, European suppliers faced growing pricing pressures, though moderate demand and ongoing logistical issues prevented major price surges. As the Easter holidays came, port closures in Germany threatened to disrupt supply chains, further reinforcing the upward pricing trend for nonyl phenol across Europe.

Q4 2023:

The market in Europe witnessed a slow decline throughout Q4 2023, influenced by weak consumption across the surfactant sector. While shipping disturbances were a concern, longer transport times and sufficient stock accessibility kept price fluctuations modest. Germany, in particular, saw notable price modifications due to a persistent bearish trend in 2023. Despite efforts to cut production rates, supply pressures persisted as demand remained sluggish. Traders and producers faced difficulties balancing operating costs and maintaining profit margins, largely owing to competitive pricing from imports. Overall, the European market maintained medium to low supply, with stable yet somewhat decreasing demand.

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

North America Nonyl Phenol Price

Q3 2024:

In Q3 2024, the prices of nonyl phenol across North America region exhibited a distinct upward trajectory, especially within the United States, where notable changes appeared. This increase stemmed largely from an imbalance between supply and demand within the product segment, further intensified by production difficulties. While moderate demand persisted from essential industries like detergents and surfactants, limited output owing to functional restrictions and underutilized facilities constrained supply. Even with steady access to Phenol, disturbances in the supply—mainly from decreased crude oil manufacturing—influenced market steadiness. Hurricanes and planned oil industry maintenance also influenced crude oil availability, triggering a ripple effect throughout the petrochemical sector. As worldwide oil production waned, price pressures in the nonyl phenol market increased, with steady gains throughout the quarter reflecting these supply-side constraints.

Q2 2024:

In Q2 2024, the product prices in North America remained largely stable, especially as Q2 concluded, supported by a balanced supply-demand scenario. This stability was driven by moderate demand from the surfactant sector and reliable supply. Seasonal considerations, including the start of the Atlantic storm season, caused several players to uptake careful sourcing practices to secure inventories against disturbances. The USA saw the most significant rate actions, with overall product prices holding steady, displaying balanced market conditions and prudent inventory strategies. However, in June 2024, Hurricane Beryl temporarily interrupted industrial manufacturing and affected downstream petroleum requirement due to flooding. Additionally, as domestic availability tightened, demand for the United States-origin nonyl phenol imports increased in North America, with prices remaining firm amid limited supply and elevated local costs.

Q1 2024:

In Q1 2024, the market in North America witnessed a consistent rate trend, driven by inventory limitations and moderate orders. The region encountered several logistical hurdles, particularly due to high freight costs and problems in supply chains linked to instability in the Red Sea. To counteract shipping delays via Baltimore, nearby regions such as Philadelphia increased storehouse volumes. Shipping disruptions, including the shutdown of the Baltimore Port, impacted market dynamics, particularly as rising manufacturing in Europe raised the possibility of product surpluses reaching the United States East Coast. While inventories in the northeastern part of the United States showed little improvement, concerns remained, sustaining a steady rate rise in comparison with other regions with more abundant supplies. Demand from downstream industries and limited production capacity fueled the bullish market sentiment throughout the quarter.

Q4 2023:

In North America, the market remained quite constant, with prices showing little fluctuation. The balance in the market was largely driven by subdued demand from the surfactant and Ethoxylates sector. Buyers were hesitant, pausing their buying activities in expectation of potential price reductions. The downstream industry encountered disputes, involving logistical issues and reduced manufacturing rates, contributing to this stagnation. Globally, the market observed heightened prices and delays owing to obstruction in key international routes. Specifically, the Panama Canal's restrictions, resulting from scarce water levels, impacted transit volumes, exacerbating supply chain difficulties.

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

Middle East and Africa Nonyl Phenol Price

The report explores the nonyl phenol 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 nonyl phenol prices for countries can also be provided.

Asia Pacific Nonyl Phenol Price

Q3 2024:

In Q3 2024, the market in Asia Pacific observed a gradual price rise, spurred by steady orders from different sectors, especially within nonyl phenol ethoxylates segment, essential for detergent and personal care applications. China led this regional rate rise, while India’s market showed stable dynamics with good orders, impacted by the monsoon. Supply stability, aided by reliable access to Phenol, supported manufacturing, giving momentum to regional pricing. However, significant problems from port traffic and strikes by the labor caused occasional supply interruptions. Despite these challenges, a supportive supply contributed to the quarter’s price growth. In September, falling OPEC basket crude oil rates introduced variations in upstream costs, influencing overall price trends across the region.

Q2 2024:

In the second quarter of 2024, nonyl phenol prices across Asia showed a moderate increase, primarily due to steady demand within the surfactant industry, especially in April, along with low stock levels. This initial price rise leveled off in May and June as downstream demand softened slightly with the onset of the monsoon season, slowing manufacturing in the surfactant sector. India experienced favorable situations within its downstream industries, with strong production fueled by heightened seasonal consumer demand. Nevertheless, by the quarter's end, the market saw a downward shift as regional supplies grew and buying interest temporarily waned, with the surfactant sector reducing stocking activities. At the quarter end, the product prices in India trended downward, allowing buyers to capitalize on lower prices for optimal inventory management.

Q1 2024:

The Asia Pacific nonyl phenol market displayed a fluctuating pricing trend in Q1 2024, with India experiencing notable price hikes. This was largely due to the shortages in regional supply and decreased manufacturing from key exporting countries, which led to restricted imports and stock limitations, pushing prices higher. Furthermore, disruptions in freight transport caused by the Red Sea condition resulted in elevated transportation expenses and tighter accessibility of the stock. As a response, sellers increased prices to manage the supply constraints, while downstream demand remained relatively balanced, allowing for gradual price increases without significant fluctuations by quarter-end. In India, the product rates saw a rise towards the close of Q1, driven by continued stock shortages and moderate demand growth. Despite stable production in downstream sectors, the overall market sentiment remained optimistic, bolstered by low inventory levels and limited imports, which fueled price momentum throughout the APAC region.

Q4 2023:

In the Asia Pacific region, the market encountered mixed trends during Q4 2023. Early in the quarter, restricted stock availability drove prices upward. However, by mid-December, prices had merged as consumption across the end-user sectors weakened. Manufacturers reacted by lowering manufacturing rates to protect margins amidst year-end inventory clearances. The Ethoxylates market mirrored this softening demand, leading to an oversupply situation. This, combined with discounted deals towards the end of the year, resulted in gross profit being squeezed for nonyl phenol producers, with no significant signs of recovery from downstream industries.

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

Latin America Nonyl Phenol Price

The analysis of nonyl phenol 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.

Nonyl Phenol Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Nonyl Phenol Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of nonyl phenol 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 nonyl phenol at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of nonyl phenol price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing nonyl phenol 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.

Nonyl Phenol Market Analysis

The global nonyl phenol market size reached US$ 1.4 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 2.3 Billion, at a projected CAGR of 5.60% during 2023-2032.

• The textile industry uses nonyl phenol as a vital component in the production of textile auxiliaries, where it acts as a surfactant, aiding in dyeing, printing, and finishing processes. Its ability to improve wetting and dispersing properties enhances the efficiency and quality of textile manufacturing. As per the data by IMARC GROUP, the global textile market size reached US$ 1,027.0 Billion in 2023. It is further forecasted to reach US$ 1,445.4 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.8% during 2024-2032. This is escalating the demand for nonyl phenol across the globe. The product enables dyes and chemicals to penetrate fibers more effectively, ensuring uniform coloration and improved color retention. Moreover, its ability to reduce surface tension aids in the even distribution of chemicals across textile surfaces, resulting in enhanced fabric quality and consistency.
• Nonyl phenol is extensively used in the production of chemicals, which find applications in numerous products. As a chemical intermediate, it serves as a building block for the synthesis of numerous compounds, including nonyl phenol ethoxylates (NPEs), antioxidants, and lubricating oils. In the manufacturing sector, it plays a crucial role in the production of detergents, where it acts as a surfactant, facilitating the emulsification and dispersion of oils and dirt. According to the Cybersecurity and Infrastructure Security Agency (CISA), the chemical industry is a $768 Billion enterprise that supports more than 25% of the United States population. Moreover, the chemical industry employs nearly 800,000 individuals which creates jobs in other industries resulting in 6 Million jobs created. Hence the expanding chemical industry represents another major growth-inducing factor.
• Moreover, nonyl phenol serves as a key precursor in the synthesis of nonyl phenol ethoxylates, which are widely used as surfactants in detergent formulations. In household and industrial cleaning products, nonyl phenol ethoxylates enable effective emulsification and soil removal, ensuring superior cleaning performance. Its presence enhances the efficiency of detergents, making them essential for maintaining cleanliness and hygiene standards. As per the data by the German Cosmetic, Toiletry, Perfumery and Detergent Association (IKW), light-duty and specialized laundry detergents experienced a growth of 8.1%. A recent study by IKW underscores the importance of a clean home in Germany, revealing that 78% of respondents feel a sense of accomplishment after cleaning, while 70% consciously enjoy cleanliness which in turn is propelling the demand for nonyl phenol.

Nonyl Phenol News

The report covers the latest developments, updates, and trends impacting the global nonyl phenol 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 nonyl phenol production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the nonyl phenol price trend.

Latest developments in the nonyl phenol industry:

• August 2023, Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company announced a price hike for PEGs and nonyl phenol ethoxylates.
• September 2022, Indorama Ventures Public Company Limited (IVL), a prominent sustainable chemical company, announced the opening of a new office and lab in Shanghai, China.

Product Description

Nonyl phenol, a petrochemical compound, serves various industrial purposes due to its versatility. It is primarily manufactured through the alkylation of phenol with nonene, derived from crude oil. This chemical synthesis process produces nonyl phenol, typically in the form of a pale-yellow liquid or solid depending on its purity and application. It finds extensive use in industries such as textiles, plastics, and detergents. It acts as a surfactant, aiding in emulsification and dispersion, making it valuable in detergent formulations. Additionally, it serves as a stabilizer in PVC production and as an intermediate in the manufacturing of antioxidants and lubricating oils. Furthermore, it serves as a stabilizer in PVC production and acts as an intermediate in the manufacturing of antioxidants and lubricating oils, underscoring its multifaceted role in industrial processes.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of nonyl phenol 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 nonyl phenol 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 nonyl phenol price charts ensure our clients remain at the forefront of the industry.