North America
The U.S. Potassium Iodide market in Q4 2024 experienced significant price volatility, driven by supply chain disruptions, rising import costs, and seasonal demand fluctuations.
In October, prices surged due to heightened demand from the food and beverage sector, compounded by elevated shipping costs and supply constraints. Rising fuel prices hampered domestic production, while port congestion further exacerbated supply chain challenges. Strategic stockpiling by suppliers, anticipating winter demand, intensified inventory pressures.
In November, prices continued to climb, fueled by strong export demand and persistent import challenges, particularly from China. Ongoing port congestion and high procurement costs sustained market pressure, while uncertainty surrounding potential tariff changes added further volatility.
By December, prices declined due to weak demand from key sectors such as pharmaceuticals, coupled with an oversupply of inventory. Competitive pricing from Asian imports and domestic destocking efforts exerted downward pressure. Despite stable production levels, subdued export activity and lackluster downstream trading signaled a pessimistic market outlook.
Get Real time Prices for Potassium Iodide: https://www.chemanalyst.com/Pricing-data/potassium-iodide-1619
China’s Potassium Iodide market in Q4 2024 was highly volatile, with prices surging in October due to supply constraints, typhoon-related disruptions, and robust demand. Shipping delays and rising freight costs intensified pressure, particularly as buyers accelerated procurement ahead of the holiday season. The pharmaceutical sector’s increased demand further strained supply.
In November, prices continued to rise, driven by strong Western market demand and ongoing transportation bottlenecks. However, geopolitical concerns—such as tariff uncertainties—triggered a market downturn toward the end of the month.
December saw fluctuating trends in the Caustic Potash market. An early-month price dip was followed by a brief recovery due to downstream restocking and factory shipments. However, resistance to high-priced shipments and persistently weak demand led to declining market activity by month’s end, forcing factories to offer discounts to maintain sales. Overall, Q4 2024 was characterized by a mix of price surges and downturns influenced by geopolitical, logistical, and demand-driven factors.
Germany’s Potassium Iodide market in Q4 2024 experienced a mixed trend, with an initial price surge followed by a sharp decline.
Early in the quarter, rising global economic challenges, supply chain disruptions, and limited output from key producers drove prices higher. Increased import costs and strong demand from specific sectors enabled domestic sellers to capitalize on arbitrage opportunities.
By November, however, prices dropped significantly due to weak demand and excess inventory following pre-holiday stockpiling. Despite stable supply conditions, traders focused on inventory destocking, reinforcing a bearish market sentiment.
Additional downward pressure came from the Euro’s depreciation and cautious procurement strategies among buyers. The market also struggled with a supply-demand imbalance and elevated export prices from China, adding to overall volatility. Q4 2024 was ultimately defined by early price gains, followed by a softening trend due to inventory adjustments and weak demand in the latter months.
Get Real time Prices for Potassium Iodide: https://www.chemanalyst.com/Pricing-data/potassium-iodide-1619
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