North America Toluene Prices Movement Last Quarter:

Toluene Prices in the United States:

In Q2 2024, US toluene prices demonstrated a clear declining trend, settling at 1,060 USD/MT in June. Despite seasonal factors that typically drive demand, the market saw little support, with prices continuing their downward trajectory from Q1 2024. This persistent decline reflected weaker  toluene demand  as industries adjusted consumption in response to shifting market dynamics and broader economic conditions. The relationship between supply, market sentiment, and seasonal influences highlighted an overall pessimistic outlook for toluene prices during the quarter.

South Korea Toluene Prices Movement Last Quarter:

Toluene Prices in South Korea:

In Q2 2024, Germany's toluene prices declined significantly, reaching 965 USD/MT in June, reflecting an overarching negative market sentiment. Seasonal factors that typically drive price increases during warmer months failed to materialize, as heavy rainfall disrupted transportation lines, adding to market challenges. Compared to the same period in the previous year, prices showed a notable drop, indicating weaker market performance. Despite an initial upswing in the first quarter of 2024, adverse conditions in the second quarter, including logistical issues and subdued demand, shifted the outlook for toluene prices in Germany to a negative trajectory.

Europe Toluene Prices Movement Last Quarter:

Toluene Prices in Germany:

In Q2 2024, Germany's toluene prices declined significantly, reaching 965 USD/MT in June, reflecting an overarching negative market sentiment. Seasonal factors that typically drive price increases during warmer months failed to materialize, as heavy rainfall disrupted transportation lines, adding to market challenges. Compared to the same period in the previous year, prices showed a notable drop, indicating weaker market performance. Despite an initial upswing in the first quarter of 2024, adverse conditions in the second quarter, including logistical issues and subdued demand, shifted the outlook for toluene prices in Germany to a negative trajectory.

MEA Toluene Prices Movement Last Quarter:

Toluene Prices in Saudi Arabia:

In Q2 2024, Saudi Arabia's toluene prices followed a declining trend, settling at 1,155 USD/MT in June. Seasonal factors, such as reduced demand for heating fuels, contributed to weakening overall market demand. Prices showed a notable decrease compared to both Q2 2023 and Q1 2024, reflecting a bearish market sentiment throughout the period. The second half of the quarter saw a sharper decline than the first, emphasizing the growing challenges within the market. These fluctuations underscore the impact of seasonal trends and shifting demand dynamics on toluene pricing in Saudi Arabia.

How the IMARC Pricing Database Can Help

The latest IMARC Group study, “Toluene Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of the Toluene price trend, offering key insights into global Toluene market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Toluene demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the price report uncovers critical factors influencing current and future prices.

Request to Get the Sample Report: https://www.imarcgroup.com/toluene-pricing-report/requestsample
 

Key Features:

About Us:

IMARC Group is a global management consulting firm that helps the world's most changemakers to create a lasting ambitious impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email:  sales@imarcgroup.com
Tel No:  (D) +91 120 433 0800
United States: +1-631-791-1145