Furfuryl Alcohol Prices in the United States:

In 2024, the price of furfuryl alcohol in the United States reached 1,696 USD/MT, reflecting the impact of dynamic market conditions during the period. The increase in prices was primarily driven by strong demand from industries such as foundry resins, adhesives, and coatings, where furfuryl alcohol is a critical component. This surge in demand was further amplified by ongoing supply chain challenges, including disruptions in the availability of feedstock furfural due to limited agricultural outputs in key producing regions. Additionally, rising production costs, influenced by inflationary pressures and higher energy prices, contributed to the upward pricing trend. Despite these challenges, the market managed to maintain a steady supply, as producers adjusted operations to balance demand. However, the higher costs imposed financial pressures on end-users, leading to cautious procurement strategies. The combination of robust industrial demand, constrained supply, and increasing production expenses underscored the price movement of furfuryl alcohol in the U.S. during the last quarter of 2024.

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APAC Furfuryl Alcohol Prices Movement Last Quarter:

Furfuryl Alcohol Prices in China:

In Q4 2023, furfuryl alcohol prices in China reached 1,486 USD/MT, reflecting a period of fluctuating market dynamics influenced by both domestic and international factors. The price movement was largely driven by supply constraints stemming from reduced availability of furfural, the primary raw material for furfuryl alcohol, due to lower agricultural yields of corncobs in key producing regions. This supply tightness coincided with steady demand from industries such as foundry, adhesives, and pharmaceuticals, which rely heavily on furfuryl alcohol for production processes. Additionally, rising operational costs, including higher energy prices and increased labor expenses, further contributed to the pricing pressure. Geopolitical uncertainties and disruptions in global trade flows added complexity to the market, leading to cautious procurement strategies among buyers. Despite these challenges, the market witnessed sustained activity as suppliers worked to stabilize output and meet industrial demand. The combination of constrained supply, steady consumption, and rising production costs played a pivotal role in shaping the pricing trajectory of furfuryl alcohol in China during this period.

Europe Furfuryl Alcohol Prices Movement Last Quarter:

Furfuryl Alcohol Prices in Germany:

In 2024, furfuryl alcohol prices in Germany climbed to 1,626 USD/MT, reflecting a tightening market shaped by various supply and demand dynamics. The increase was primarily driven by constrained supply, as key global producers of furfural, the precursor for furfuryl alcohol, faced reduced agricultural output of raw materials such as corncobs. This shortage was exacerbated by logistical challenges, including higher transportation costs and delays in imports due to geopolitical tensions and disruptions in global trade routes. On the demand side, robust consumption from sectors like foundry resins, adhesives, and specialty chemicals added upward pressure on prices.

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