Defoamer Surfactant Prices, Pricing, Demand & Supply
North America
In the fourth quarter of 2023, the Defoamer Surfactant market in the USA demonstrated mixed sentiments and the prices fluctuated throughout this period. The quarter witnessed substantial impacts on the market, primarily influenced by various factors. Weak demand from downstream sectors, including water treatment, detergent, and other end-use industries, played a pivotal role in shaping market sentiments. The conclusion of the summer season, typically associated with increased demand for surfactants, further intensified the challenges.
Moreover, the influx of low-priced imports exerted downward pressure on prices, given the sluggish nature of consumer inquiries. Nevertheless, the domestic market boasted ample material availability, contributing to constrained procurement and a subsequent price decrease of the product. In the United States, where the most notable price fluctuations occurred in the region, the market exhibited a bearish scenario.
Weak demand persisted, accompanied by unfavorable market sentiments due to economic factors. The deteriorating business confidence led to minimal inquiries from downstream industries.
Albeit in December, a slight improvement in the market was noticed as the pressure from the economic challenges eased. Additionally, high destocking at the end of the month further pressured the prices downward.
APAC
The APAC region experienced a stable Defoamer Surfactant prices in Q4 2023. Sufficient inventories of the product were reported, and domestic manufacturers maintained optimal production rates, leading to a moderate supply. However, the market in China witnessed a bearish trend, with a moderate to high supply of Defoamer Surfactant. The producers in China maintained their usual manufacturing outputs, resulting in adequate supply. The pricing trend in China saw a decrease of 7.9% for Silicon-Based Surfactant (FOB Shanghai), influenced by the market's bearish situation and the availability of sufficient inventories. Looking at the price comparison, there was a significant decrease of 24% in the price of Silicon-Based Surfactant (FOB Shanghai) in China compared to the same quarter of the previous year. Additionally, there was a decrease of 17% in the price of Silicon-Based Surfactant (FOB Shanghai) in China compared to the previous quarter. China, being a major player in the market, experienced a bearish trend with a decrease in prices. The latest price of Silicon-Based Surfactant (FOB Shanghai) in China for the fourth quarter of 2023 was USD 2460/MT. Overall, the stable market conditions, moderate supply, and sufficient inventories contributed to the pricing trends in the APAC region for Defoamer Surfactant in Q4 2023.
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Europe
In the fourth quarter of 2023, the Defoamer Surfactant market in Europe demonstrated bearish sentiments and the prices rode the downward trajectory throughout this period. In October, prices experienced a decline attributed to subdued demand from downstream sectors such as paper & pulp, coatings, and water treatment industries. Eurozone manufacturing production witnessed a contraction, marked by a significant decline in new orders. Despite a marginal improvement in the manufacturing PMI, it signaled a continued downturn in the sector. Supply chain operations alleviated as a result of sluggish consumer demand. In November, prices experienced a continued decline, propelled by persistent low demand from downstream industries, as the consumer market observed sufficient material availability in the region. Manufacturing activities remained on a downward trend during this period, despite a slight improvement in the PMI. The supply chain continued to ease, and vendor performance showed improvement amid the ongoing subdued consumer demand and limited market transactions. In December, prices continued to decrease due to persistent subdued demand. Downstream industries maintained weak consumer inquiries, leading to negative market sentiments. High product inventories and destocking activities by consumers were observed. The prices of upstream raw materials dropped, and factory gate deflation persisted. Year-end holidays and destocking contributed to reduced industrial activity, with manufacturing companies slowing down or temporarily suspending operations.
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