Cellulose Ether Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Cellulose Ether in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Cellulose Ether Price Trend for the First Half of 2023
Asia
Cellulose ether prices declined in the first and second quarters of 2023 as the number of inquiries and feedstock prices could not provide the required support to the cellulose ether amid the dipping market activities. In addition to this, the supply of the product in the region flourished in the market even with increasing demand that affected the trend negatively. The prices of downstream cotton and pulp industries also witnessed a significant decline in the first two quarters that, ultimately led to the drop in the price trend of cellulose ether.
Europe
Stockpiling of cellulose ether in the European market had an adverse effect on its price trend. The market saw a declining trajectory as the subdued demand from the construction industry and poor performance of the cotton and related sectors pushed the prices of cellulose ether towards the negative side. Low demand for the product led to the cutting of operational costs by the manufacturers, further aiding the downward journey of products.
North America
The North American market was not much different in terms of the prices of cellulose ether. The market dynamics dipped due to the poor purchasing potential of consumers and the downward sliding movement of the construction industry. The trend, however, stabilized towards the end of the first quarter and throughout the second quarter as the European and Chinese exports were available at low prices and the downstream demand improved slightly.
Analyst Insight
According to Procurement Resource, the price trend of Cellulose ether is expected to witness a mixed trend as the demand from the construction sector and the global economy is estimated to oscillate.
Procurement Resource provides latest prices of Cellulose Ether. 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.
Cellulose ether refers to a group of water-soluble polymers derived from cellulose; a natural polysaccharide found in plant cell walls. It is produced by modifying cellulose through chemical reactions, resulting in different types of cellulose ethers with diverse properties. These ethers are widely used in various industries as thickeners, stabilizers, binders, and water-retention agents in products like construction materials, pharmaceuticals, personal care items, food, paints, and coatings.
Report Features | Details |
Product Name | Cellulose Ether |
Industrial Uses | Paints and coatings, Oil and gas, Food stabilizer, Sizing agent, Paper industry, Construction |
HS Code | 39123929 |
Supplier Database | The Dow chemical company, Shin-Etsu Chemical Co. Ltd, Ashland Global Holdings, Inc, LOTTE Fine Chemicals, Rayonier Advanced Materials Inc, Shandong Head Co. Ltd, Zibo Hailan Chemical Co Ltd |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The reaction of cellulose with aqueous solution of sodium hydroxide is the first step of this process. In the subsequent steps, the resulting solution is reacted with alkyl halide to finally give cellulose ether.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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