The price movement of Polyetheramine has witnessed a drop in the quarter ending December 2022, owing to the bearish construction and coating industry demand and lower feedstock glycol costs in the North American region. The feedstock Glycols prices fluctuated due to the uncertainty in the crude oil prices throughout Q4 of 2022. The rising recessionary fears and the onset of the escalating inflationary input cost pressures reduced the domestic offtakes in the downstream sector for the product considerably. The slowed domestic demand, coupled with ample supplies amidst cheaper imports from Asia, has caused a fall in the prices in the fourth quarter of 2022. Thus, the Polyetheramine Prices was assessed at USD 3634/ton in December 2022.
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