Methylparaben Price Trend and Forecast

Methylparaben Regional Price Overview

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

 

Methylparaben Price Trend for the Q1 of 2024

Asia

Throughout the first quarter, Asian countries noticed positive demand for methylparaben, supporting the uptrend in its prices. Initially, the decline in the value of Chinese currency as compared to the US dollar turned the confidence of the consumer sector sour, but after the termination of the Chinese New Year holiday season, the demand for the commodity grew gradually, proving the traders and manufacturers a room to increase the price quotations of methylparaben.
 

Methylparaben Price Chart

Methylparaben Price Trend

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Additionally, the geopolitical tensions and disruption of the traditional trading routes increased the overall cost of transportation, particularly to the European countries. However, this did not devour the confidence of overseas industries, which eventually led to the northward movement of methylparaben prices.

Europe

The European industries showcased a completely opposite stance as compared to the Asian sector. The primary reason for this downfall was the increased competitiveness in the market. In order to boost trading activities, during the initial phase of the quarter, the Asian manufacturers reduced their pricing quotations of methylparaben, which pressured the domestic players to reduce their prices as well. Further, the demand for the commodity was also not sufficient to cater to the available stocks, which summed up as an additional thrust. The depreciation of European currency as compared to the US dollar accelerated the downfall of methylparaben prices during the Jan-Mar quarter of 2024.

North America

The procurement rates of methylparaben from both domestic and overseas suppliers remained stagnant throughout the first quarter of 2024 while the supply chains worked at their maximum efficiency, widening the supply-demand gap of the market. Meanwhile, the Chinese industries lowered their quotations, which had an adverse effect on the North American market of methylparaben as well. The market players early in the quarter opted for destocking activities in order to keep the market momentum afloat. However, these measures were yet to showcase any positive movement in the prices of methylparaben.

Analyst Insight

According to Procurement Resource, the price trend of Methylparaben is expected to attain a stagnant stance in the upcoming quarters as even if the demand for the commodity improves, the existing inventories might be more than sufficient to cater to that.

Procurement Resource provides latest prices of Methylparaben. 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.

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About Methylparaben

Methylparaben is a white crystalline powder obtained by the esterification of p-hydroxybenzoic acid. It is popularly used as an antimicrobial preservative in cosmetics, pharmaceuticals, and food products. The compound is readily soluble in alcohol and sparingly soluble in water; it is also known for its stability and non-reactive nature, which helps in elongating the shelf life of a number of products.

Methylparaben Product Details

Report Features Details
Product Name Methylparaben
Chemical Formula C8H8O3
Industrial Uses Cosmetics and Personal Care Products, Pharmaceuticals, Food Industry, Textile and Leather Industry
Molecular Weight 152.15 g/mol
Supplier Database Ueno Fine Chemicals, Gujarat Organics, Sharon Laboratories, Zhejiang Shengxiao, Hangzhou Top, Kunshan Shuangyou
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.

Methylparaben Production Process

  • Production Process by esterification reaction: This synthesis uses p-hydroxybenzoic acid as the base chemical, which, when reacted with methanol with the help of an acidic catalyst, gives methylparaben as the primary product.

Methodology

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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