Allyl Chloride Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Allyl Chloride in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Allyl Chloride Price Trend for the year 2023

The price trend for allyl chloride closely followed the price fluctuations of its feedstock compound propylene throughout the said period of 2023 and was observed to fluctuate at the lower end of the price curve for the majority of the given period. A consistent dip in crude oil prices throughout the said year was the primary reason behind the swift downfall in the allyl chloride prices. Along with this, the dull downstream demands from the pharma and chemical industries also pushed the prices down.

In the first half of the year, it was the supply glut that was caused by the sliding down of the manufacturing costs that resulted in suppliers cutting down the prices. However, in the second half of the year, struggling global trade and long holidays became the main cause of the pushdown in the allyl chloride market prices since the industrial demands fell below sustainable levels. Overall, dwindling market trends were witnessed for allyl chloride during the majority of the year 2023.

Analyst Insight

According to Procurement Resource, given the persistent downfall in the Allyl Chloride market during the said period, the price trends are expected to rebound marginally in the coming months with the steady improvement in some economic factors.

Procurement Resource provides latest prices of Allyl Chloride. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.