In 2024, the 1-Decene market showed varying price trends across different regions. In Asia, particularly in China and India, prices moved upward during most of the year. Rising costs of upstream feedstocks and limited supply from key producers created pressure on the market. Strong demand from downstream industries, such as chemicals and specialty polymers, supported the price growth. Production levels gradually increased after seasonal slowdowns, but logistical challenges and tight supply in some areas kept the market relatively firm. Overall, the Asian market saw steady upward movement with occasional short-term fluctuations.
In Europe, prices showed a mixed trend. Early in the year, high input costs and low manufacturing activity limited supply, which kept prices elevated. However, weaker demand from end-use sectors, combined with cautious purchasing by manufacturers, moderated the upward pressure. Some countries experienced small price gains due to stronger local demand, while others saw flat or slightly lower pricing. The overall European market remained balanced, with supply sufficient to prevent sharp increases.
In North America, the market was more stable. Moderate demand from downstream chemical and industrial sectors, along with steady production and adequate feedstock supply, kept prices mostly unchanged. Minor fluctuations occurred due to occasional feedstock cost changes and economic uncertainty, but the market maintained overall stability.