Ether-Phenols; Ether-Alcohol-Phenols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Prices in China
China Ether-Phenols; Ether-Alcohol-Phenols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Import Price in September 2022
In September 2022, the ether-phenols; ether-alcohol-phenols and their halogenated, sulphonated, nitrated or nitrosated derivatives price stood at $9,832 per ton (CIF, China), approximately equating the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in April 2022 an increase of 21% against the previous month. Over the period under review, average import prices reached the maximum at $10.4 per kg in June 2022; however, from July 2022 to September 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Indonesia ($19.8 per kg), while the price for Japan ($6,294 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
China Ether-Phenols; Ether-Alcohol-Phenols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Imports
In September 2022, supplies from abroad of ether-phenols; ether-alcohol-phenols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by -43% to 371 tons, falling for the second consecutive month after two months of growth. In general, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in June 2022 with an increase of 130% m-o-m. Over the period under review, imports of hit record highs at 851 tons in July 2022; however, from August 2022 to September 2022, imports failed to regain momentum.
In value terms, imports of ether-phenols; ether-alcohol-phenols and their halogenated, sulphonated, nitrated or nitrosated derivatives contracted notably to $3.6M (IndexBox estimates) in September 2022. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in June 2022 when imports increased by 170% against the previous month. Over the period under review, imports of attained the peak figure at 7.3K tons in July 2022; however, from August 2022 to September 2022, imports stood at a somewhat lower figure.
China Ether-Phenols; Ether-Alcohol-Phenols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Imports by Country
In September 2022, India (240 tons) constituted the largest ether-phenols; ether-alcohol-phenols and their halogenated, sulphonated, nitrated or nitrosated derivatives supplier to China, with a 65% share of total imports. Moreover, imports of ether-phenols; ether-alcohol-phenols and their halogenated, sulphonated, nitrated or nitrosated derivatives from India exceeded the figures recorded by the second-largest supplier, France (74 tons), threefold. Japan (31 tons) ranked third in terms of total imports with an 8.5% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume from India totaled -10.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (-0.8% per month) and Japan (+2.6% per month).
In value terms, India ($2.2M) constituted the largest supplier of ether-phenols; ether-alcohol-phenols and their halogenated, sulphonated, nitrated or nitrosated derivatives to China, comprising 60% of total imports. The second position in the ranking was taken by France ($718K), with a 20% share of total imports. It was followed by Indonesia, with a 14% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of value from India amounted to -9.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (-0.2% per month) and Indonesia (-9.9% per month).
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