Non-Woven Fabric Prices Trend and Forecast North America During the first quarter of 2023, Non-Woven Fabric showcased irregular market senment in the North American region. The mixed senments in the feedstock Polypropylene market had contributed to the fluctuaon in Non-Woven Fabric prices. The high demand for Non-Woven Fabric from the clothing sector also kept prices high in the first half of the quarter. However, the decline in Non-Woven Fabric prices in the second half of Q1 suggests that the demand had tapered off or the supply had increased. As a result, the downstream market's fluctuaon in a lower range throughout the final month of the quarter further strengthened the downward trend in Non-Woven Fabric prices. Asia- Pacific The non-Woven Fabric market in the Asia-Pacific region experienced some notable fluctuaons during the first quarter of 2023. The increase in Non-Woven Fabric prices during the first two months was driven by rising manufacturing costs, which were in turn driven by increased raw material Polypropylene Prices. The rising demand for N95 face masks and PPE also put pressure on the Non-Woven Fabric market during the epidemic situaon in China. However, the relaxaon of Covid policies and the decline in demand for masks and PPE contributed to the availability of Non-Woven Fabric. This, in turn, led to a decrease in prices. Addionally, the resumpon of producon acvity at domesc companies and the reducon in supply- chain disputes also contributed to mixed senments in the Non-Woven Fabric market. As a result, Non- Woven Fabric prices hovered around USD 1581/MT FOB Shanghai during February. Europe In the European region also experienced mixed pricing in Non-woven Fabric prices throughout the first quarter of 2023. The region had healthy demand during the first half of the quarter, but demand started to decline in the second half, resulng in a buildup of inventories in warehouses. The supply chain also began to funcon more efficiently in March, which allowed for a consistent flow of goods to local and global markets. Domesc producers, however, cut back on producon as the year-long destocking season began in March, which contributed to the mixed pricing in Non-woven Fabric during the quarter. Overall, it seems like the Non-woven Fabric market in the European region was volale throughout the first quarter of 2023, with fluctuang demand and producon levels. ChemAnalyst addresses the key problemac areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It idenfies and analyses factors such as geopolical risks, environmental risks, raw material availability, supply chain funconality, disrupon in technology and so on. It targets market volality and ensures clients navigate through challenges and pialls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefing domesc as well as global industry in tuning in to the real-me data points to execute mul-billion-dollar projects globally.
Non-Woven Fabric Prices Trend and Forecast
May 24, 2023
During the first quarter of 2023, Non-Woven Fabric showcased irregular market sentiment in the North American region. The mixed sentiments in the feedstock Polypropylene market had contributed to the fluctuation in Non-Woven Fabric prices. The high demand for Non-Woven Fabric from the clothing sector also kept prices high in the first half of the quarter. However, the decline in Non-Woven Fabric prices in the second half of Q1 suggests that the demand had tapered off or the supply had increased. As a result, the downstream market's fluctuation in a lower range throughout the final month of the quarter further strengthened the downward trend in Non-Woven Fabric prices.
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Related Documents
