Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Acyclic Alcohols Prices in China

China Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Acyclic Alcohols Export Price in September 2022

In September 2022, the halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols price amounted to $3,256 per ton (FOB, China), dropping by -36.9% against the previous month. Overall, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in May 2022 when the average export price increased by 188% month-to-month. As a result, the export price reached the peak level of $10,872 per ton. From June 2022 to September 2022, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was India ($19.1 per kg), while the average price for exports to Indonesia ($621 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.

China Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Acyclic Alcohols Exports

In September 2022, shipments abroad of halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols increased by 30% to 3K tons, rising for the fourth consecutive month after two months of decline. Overall, exports recorded temperate growth. The pace of growth was the most pronounced in March 2022 when exports increased by 51% m-o-m. As a result, the exports attained the peak of 4K tons. From April 2022 to September 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols dropped notably to $9.7M (IndexBox estimates) in September 2022. In general, exports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in March 2022 when exports increased by 42% m-o-m. As a result, the exports attained the peak of $19M. From April 2022 to September 2022, the growth of the exports of failed to regain momentum.

China Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Acyclic Alcohols Exports by Country

Indonesia (2.4K tons) was the main destination for exports of halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols from China, accounting for a 80% share of total exports. Moreover, exports of halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols to Indonesia exceeded the volume sent to the second major destination, Japan (132 tons), more than tenfold. The third position in this ranking was taken by India (101 tons), with a 3.4% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of volume to Indonesia amounted to +9.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (+1.8% per month) and India (-13.2% per month).

In value terms, India ($1.9M), Japan ($1.6M) and Indonesia ($1.5M) were the largest markets for halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols exported from China worldwide, together comprising 52% of total exports.

In terms of the main countries of destination, Indonesia, with a CAGR of +13.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform