Urea Resin Price Trend and Forecast - PowerPoint PPT Presentation

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Urea Resin Price Trend and Forecast

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The Urea Resin Price in the US market kept going down during Q4 because of the steep drop in the price of raw materials during the fourth quarter. The Urea Resin price continued to drop because of poor trade fundamentals and lackluster demand. In November 2022, feedstock natural gas prices decreased by around 15%, and this pattern persisted into December, according to the figures. Moreover, the market is witnessed a steep drop in consumption from the downstream preservative industry. Weak benchmark futures and low purchasing activity prevailed in the market sentiments. The Urea-Formaldehyde Resin market continued to transact at a slower pace, and low market fundamentals further supported the downtrend of the market. – PowerPoint PPT presentation

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Title: Urea Resin Price Trend and Forecast


1
Urea Resin Price Trend and Forecast
  • The price of Urea Resin in the US market kept
    going down during Q4 because of the steep drop in
    the price of raw materials during the fourth
    quarter. The Urea Resin price continued to drop
    because of poor trade fundamentals and lackluster
    demand. In November 2022, feedstock natural gas
    prices decreased by around 15, and this pattern
    persisted into December, according to the
    figures. Moreover, the market is witnessed a
    steep drop in consumption from the downstream
    preservative industry. Weak benchmark futures and
    low purchasing activity prevailed in the market
    sentiments. The Urea-Formaldehyde Resin market
    continued to transact at a slower pace, and low
    market fundamentals further supported the
    downtrend of the market.
  • https//www.chemanalyst.com/Pricing-data/urea-resi
    n-1520

2
New Updated Urea Resin Prices Online
3
Free Search Urea Resin Pricing Online
  • The pricing trend for Urea Resin in the
    Asia-Pacific region remained low in Q4 due to a
    lack of demand from downstream fertilizer
    markets. There were high expectations for the
    demand for Urea Resin fertilizer during India's
    rabi season in October, but demand remained low.
    The demand for Urea formaldehyde resin was
    sluggish, and the supply was loose, which
    declined the Urea-Formaldehyde prices in the
    Chinese market. The downstream enterprises had
    sufficient inventories to fulfill the market
    requirement. Affected by bearish market trends,
    such as high inventories, sluggish domestic
    demand, and limited demand, regional Urea Resin
    prices declined with weak market fundamentals.
    Because of the decline in demand from industrial
    and agricultural clients in the APAC region, Q4
    has historically been one of the weakest seasons
    for Urea Resin pricing.
  • https//www.chemanalyst.com/Pricing-data/urea-resi
    n-1520

4
Urea Resin Supply in Global Market Online
5
Pricing rend for Urea Resin in Europe until the
fourth quarter of 2022
  • There have been differing views on the pricing
    trend for Urea Resin in Europe until the fourth
    quarter of 2022 due to the continued volatility
    of natural gas prices and the feedstock ammonia.
    The urea-Formaldehyde Resin market moved lower as
    oversupply, and low interest from the
    preservative sector suppressed any sparkles of
    movement. Additionally, the supply chain was in
    chaos as a result of conflicting opinions
    regarding freight prices and the limited number
    of available containers. Russia increased the
    import quotas for all nitrogen fertilizers in
    November, which helped to boost the domestic
    supply. The fourth quarter's shifting demand was
    consistent with how the downstream fertilizer
    market reacted.
  • https//www.chemanalyst.com/Pricing-data/urea-resi
    n-1520

6
Demand of Urea Resin in North America
7
Urea Resin Price Trend and Forecast
8
The pricing trend for Urea Resin in the
Asia-Pacific region remained low in Q4 due to a
lack of demand from downstream fertilizer markets
  • The price of Urea Resin in the US market kept
    going down during Q4 because of the steep drop in
    the price of raw materials during the fourth
    quarter. The Urea Resin price continued to drop
    because of poor trade fundamentals and lackluster
    demand. 
  • The pricing trend for Urea Resin in the
    Asia-Pacific region remained low in Q4 due to a
    lack of demand from downstream fertilizer
    markets. There were high expectations for the
    demand for Urea Resin fertilizer during India's
    rabi season in October, but demand remained low

9
Find the Urea Resin Market Price Online
10
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