Get the latest insights on price movement and trend analysis of Ethylene Carbonate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Ethylene Carbonate Price Trend for the First Half of 2023
The Asian ethylene carbonate market fluctuated in the first quarter of 2023 and then declined gradually in the second quarter. In the first quarter, the trend surged initially as the demand from the end-user industries rose but soon plunged due to a drop in manufacturing rates. As the sales of electric vehicles also saw a slump, the buyers lost their confidence in the ethylene carbonate market and thus reduced their number of orders. These subdued market conditions eventually led to a fall in the price trend of ethylene carbonate.
A stretch of uncertainties was observed in the first quarter of 2023 in the ethylene carbonate price trend. The region was affected by the rising rates of inflation and high costs of energy production. These factors also negatively impacted the demand for ethylene carbonate from both domestic and overseas buyers. In addition, the second quarter also suffered from fluctuating raw material costs along with cuts in production activities and profit margins. The trend in this quarter was somehow stable as demand from the EV market kept the prices of ethylene carbonate afloat.
The North American region experienced a continuous decline in the price trend of ethylene carbonate in both the first and second quarters of 2023. The market suffered from the stagnant demand from electronics, EV, and related sectors and poor market sentiments that caused the buyers to adopt a wait-and-see approach. The decreasing number of new orders and declining export rates further aided this falling ethylene carbonate prices.
According to Procurement Resource, ethylene carbonate prices are estimated to depict a mixed trend. The continuously falling feedstock costs and fluctuating demand from downstream industries will guide the price trend of ethylene carbonate in the upcoming quarter.
Procurement Resource provides latest prices of Ethylene Carbonate. 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.
Ethylene carbonate is a colorless, odorless cyclic ester derived from ethylene glycol and carbonic acid. This compound finds its applications in the manufacturing of numerous industrial products such as lithium-ion batteries, capacitors, and other related electronic devices. Its high dielectric constant, low viscosity, and stability make it valuable for enhancing the performance and reliability of energy storage systems. Its antimicrobial properties make it valuable in preserving quality and safety in both food and feed industries.
|Product Name||Ethylene Carbonate|
|Industrial Uses||Lithium-ion batteries, Capacitors, Gas separation, Pharmaceuticals, Paints and coatings|
|Molecular weight||88.06 g/mol|
|Synonyms||1,3-Dioxolan-2-one, Ethylene glycol carbonate|
|Supplier Database||BASF SE, Huntsman International LLC, Mitsubishi Chemical Corporation, TOAGOSEI Co Ltd, Asahi Kasei Corporation, New Japan Chemical Co Ltd, Tokyo Chemical Industry 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 carbon dioxide and ethylene oxide in presence of a preheated strong basic anion exchanger gives ethylene carbonate as the final product.
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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