Cellulose Ether Prices

Cellulose Ether Prices June 2024

The cellulose ether prices in the United States for Q2 2024 reached 4170 USD/MT in June. The prices remained largely stable despite minor seasonal variations. Although the construction sector showed a dip in demand, easing mortgage rates and enhanced housing completions lent slight support, keeping the market balanced.

The price trend for cellulose ether in China for Q2 2024 settled at 4950 USD/MT in June. The market faced a sharp decline in pricing, largely influenced by low demand from construction and persistent logistical challenges. In addition to this, seasonal factors, such as the rainy season, amplified these pressures, contributing to a sustained bearish market trend.

In Germany, the cellulose ether prices for Q2 2024 reached 4060 USD/MT in June. The market showed resilience in this quarter, balancing secondary FMCG demand against mild seasonal variations. Furthermore, the market benefited from stable downstream demand in retail, helping to counter the slower construction and coatings sectors.

Cellulose Ether Prices December 2023

The cellulose ether prices in the United States for Q4 2023 reached 4,207 USD/MT (Cellulose Ether CMC) in December. In the USA, the cellulose ether market navigated through fluctuating conditions, with initial setbacks followed by stability. The quarter was marked by a mixed sentiment, where early price declines were offset by subsequent recoveries due to seasonal demand from the automotive industry and festive restocking activities.

The price trend for cellulose ether in China for Q4 2023, reached 5,175 USD/MT Cellulose Ether HEC (8,000-100,000) Grade in December. The cellulose ether market in China experienced modest price volatility toward the year's end. Initial price increases were soon followed by declines, reflecting a challenging balance between domestic and international demands. The overall trend remained negative, influenced by a tight demand-supply equation and subdued foreign sales.

Regional Coverage

The report provides a detailed analysis of the cellulose ether 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 ether price trend. 

Global Cellulose Ether Price

The report offers a holistic view of the global cellulose ether pricing trends in the form of cellulose ether 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 cellulose ether historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into cellulose ether 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 ether 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 Ether Price

Q2 2024:

During Q2 2024, the European cellulose ether market displayed a cautiously optimistic trend, principally shaped by secondary demand from FMCG and a steady performance in the beverage sector. While a slight dip in propylene oxide prices initially pressured costs, stable supply and a rise in seasonal manufacturing activities helped buoy the market. Furthermore, Germany, facing seasonal demand variations and internal disruptions, ultimately sustained price stability, aided by steady demand in retail and FMCG sectors. Though the coatings and construction sectors posed some challenges, the market’s moderate growth reflects a positive outlook driven by increased activity in downstream industries.

Q4 2023:

The cellulose ether market in Europe experienced initial price declines, later countered by noticeable recoveries, particularly driven by the FMCG sector's robust demand. Challenges persisted in the construction sector, where demand remained low due to fewer building permits and general industry downturns. Costs for raw materials such as propylene oxide also influenced the market, adding pressure on manufacturing costs. Although there was some sectorial recovery, overall market conditions were strained by low investing confidence and constant reductions in the workforce, particularly affecting the housebuilding sector.

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

North America Cellulose Ether Price

Q2 2024:

Throughout the second quarter of 2024, the North American cellulose ether market maintained steady pricing driven by balanced supply and production costs. Stable propylene oxide prices helped keep production expenses under control, while a reliable supply level limited price fluctuations. Although demand from downstream industries like coatings and construction was modest, the market benefited slightly from easing mortgage rates and a modest uptick in housing completions. Additionally, the USA saw the most significant regional price changes, though overall stability prevailed. Compared to the previous year, there was a marked price decline, while quarter-on-quarter shifts showed minor depreciation, underscoring the market's consistent sentiment.

Q4 2023:

The cellulose ether market in North America faced considerable challenges in the latter part of 2023, primarily due to subdued demand influenced by a downturn in the construction sector. High labor and material costs, coupled with seasonal slowdowns, further dampened market activity. Nonetheless, supply levels remained robust, mitigating potential shortages. A turn toward optimism emerged mid-quarter, spurred by the automotive industry's seasonal demands and festive preparations, rejuvenating trader expectations for increased FMCG sector activity. Despite initial struggles with declining demand and bearish sentiment, the market witnessed some stabilization toward the end of the quarter.

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

Middle East and Africa Cellulose Ether Price

The report explores the cellulose ether 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 ether prices for countries can also be provided.

Asia Pacific Cellulose Ether Price

Q2 2024:

During Q2 2024, the APAC cellulose ether market encountered a notable downturn due to weakened demand from the construction sector and lingering logistical bottlenecks. A cooling in construction activity affected coatings and downstream demand, amplified by seasonal factors like port congestion and rainy weather. Moreover, in China, a significant dip in prices illustrated the market's continued negative outlook, with additional challenges from oversupply making inventory management difficult for suppliers. Furthermore, the closing half of the quarter witnessed continued declines, highlighting a persistent bearish trend that reflected the broader regional pressures on pricing.

Q4 2023:

Stability characterized the Asia Pacific cellulose ether market in the final quarter of 2023, amidst subdued demand and stable supply levels. The market adjusted smoothly post-festive season with slight weekly price variations, maintaining overall equilibrium. China, however, saw fluctuating prices due to shifts in the demand-supply balance and sluggish international sales. Despite these fluctuations, the broader APAC market maintained its composure without significant seasonal impacts, reflecting a steady state with occasional adjustments influenced by market dynamics and international sales performance.

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

Latin America Cellulose Ether Price

The analysis of cellulose ether 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.

Cellulose Ether Price Trend, Market Analysis, and News

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

The report examines the elements influencing cellulose ether 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 Ether Market Analysis

The global cellulose ether market size reached US$ 6.8 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 12.5 Billion, at a projected CAGR of 7.10% during 2023-2032.

• The increasing product adoption in the construction industry as an additive in cement-based products on account of its ability to enhance water retention, adhesion properties, and workability, the market for cellulose ether witnessed a significant growth. Additionally, the increasing construction activities in the developing economies is further driving the cellulose ether market. For instance, as per INVEST INDIA, the construction industry in India is projected to reach $1.4 Trillion by 2025. Moreover, the adoption of green building standards and regulations globally, on account of the growing focus on sustainability and energy efficiency in construction practices, is propelling the market growth.
• Cellulose ether is highly adopted in pharmaceutical applications due to its biocompatibility and versatility. It is used as a thickener, binder, disintegrant, and film-forming agent in a variety of oral solid dosage forms, such as capsules, granules, and tablets. Besides this, it also helps in achieving prolonged drug release profiles in controlled-release drug delivery systems. Other than this, the rising healthcare expenditure along with increased research and development (R&D) activities in the pharmaceutical sector are further creating a positive market outlook for cellulose ether. For instance, according to the ECONOMIC SURVEY 2022-2023, the public expenditure of India on healthcare reached 2.1% of GDP in FY23 and 2.2% in FY22.
• Furthermore, with the rising awareness about environmental issues, the demand for environment-friendly products is constantly increasing. Cellulose ether caters to this class of aware individuals as it is extracted from cellulose, a natural polymer found in plants, thus making it environmentally friendly and biodegradable. Apart from this, governments across the globe are implementing stringent rules and regulations in order to minimize the carbon footprint and promote the use of green chemicals. For instance, the registration, evaluation, authorization and restriction of chemicals (REACH), is a major EU law formed to ensure the protection of human health and the environment from the risks potentially caused by chemicals.

Cellulose Ether News

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

Latest developments in the cellulose ether industry:

• In January 2022, Ashland took some measures toward the expansion of its production capacities for its Benecel cellulose ethers in Belgium. This is meant to grow the production of the company by more than 50% by the year 2023.
• April 2022, Nouryon announced the launch of Bermocoll FLOW cellulose ether. The new discovery provides sag resistance and spatter resistance and can be used in paint formulations and airless spray applications.

Product Description

Cellulose ether, is a versatile polymer usually used for its stabilizing, thickening, and film-forming agent in numerous industries. It is chemically obtained from cellulose in the form of powders or granules. It is also represented as (C6H7O2[OH]3)n. This chemical possesses unique properties including thermal stability, water solubility, non-ionic character, and film-forming ability.

Cellulose ether is usually produced by either chemically modifying cellulose or through etherification reactions. The raw materials involved in this procedure include cotton linters or wood pulp which undergo treatment with alkali followed by etherification agents.

Cellulose ether is highly adopted in a wide variety of industries, including pharmaceuticals, construction, personal care, textiles, and food and beverages. In the food and beverage industry, cellulose ether is used as a thickening agent in food products and as a stabilizer in personal care products.

Report Coverage

Key Benefits for Stakeholders:

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