Diisopropyl Ether Price Trend and Forecast

Regional Price Overview

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

Diisopropyl Ether Price Trend for the H1 of 2023

Asia

A series of fluctuations were observed in the diisopropyl ether price trend in the first and second quarters of 2023. The region's market dynamics were affected by the reduced upstream prices and increasing pressure on the fluctuating crude oil prices due to heavy sanctions imposed on trade with Russia. A slight incline was, however, observed towards the end of the first quarter. The second quarter witnessed an increase in inventory levels with a significant drop in the consumption rates of consumers that adversely affected diisopropyl ether prices.

Europe

During the initial months of both the first and second quarters, the price trend of diisopropyl ether rose slightly with the support of firm supply-demand equilibria. But in the following months, the number of offtakes from the end-user industries declined, and the slow activity of the construction sector negatively impacted the European diisopropyl ether market. Additionally, the restricted movement in the consumer sector and rising levels of inventories and soaring inflation rates led to the decline in the prices of diisopropyl ether.

North America

With stable supply-demand equilibria, diisopropyl ether prices remained stagnant in the first quarter of 2023. It rose slightly during the initial months of the second quarter due to the low availability of the product in the market. But soon enough, the speed of the recession caught up with the inclining market activities, and as a result, the labour went on strike, which drove the production costs. In addition to this, the sluggish trend of downstream paints and construction sectors also reduced their demand for diisopropyl ether, which further aided the declining prices.

Analyst Insight

According to Procurement Resource, the price trend of diisopropyl ether is expected to showcase a declining trajectory, given the slow demand and the approaching global recession.

Procurement Resource provides latest prices of Diisopropyl 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.