Rising Demand Push Tetrahydrofuran (THF) Prices | IMARC Group


Tetrahydrofuran (THF) Prices in the U.S. saw a significant rise in the last quarter, primarily driven by increased demand from the textile industry, particularly for eco-friendly spandex.

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North America Tetrahydrofuran Prices Movement Last Quarter:

Tetrahydrofuran Prices in the United States:

Product

Category

Price

Tetrahydrofuran

Petrochemicals

2,460 USD/MT

Tetrahydrofuran (THF) Prices in the U.S. saw a significant rise in the last quarter, primarily driven by increased demand from the textile industry, particularly for eco-friendly spandex. Despite being in the off-season, spandex manufacturers experienced heightened demand as consumers and businesses shifted towards sustainable textiles. This trend pushed up the need for THF, a key chemical in spandex production, leading to higher prices. The seasonal demand from the textile sector, coupled with the growing preference for environmentally friendly products, contributed to the upward pressure on THF prices, marking a notable increase compared to both Q2 2024 and the previous quarter.

APAC Tetrahydrofuran Prices Movement Last Quarter:

Tetrahydrofuran Prices in Japan:

Product

Category

Price

Tetrahydrofuran

Petrochemicals

1,750 USD/MT

In the last quarter, the price trend of tetrahydrofuran (THF) in Japan saw significant fluctuations, starting with a decrease from the previous quarter as the market adjusted to current conditions. The initial drop reflected the ongoing market corrections, which were influenced by factors such as supply-demand imbalances and other economic pressures. However, the second half of the quarter witnessed a slight recovery, with prices increasing moderately as market conditions began to stabilize. This minor rebound in THF prices indicated a partial recovery of demand or other underlying factors, but the overall market remained cautious as the quarter came to a close.

Europe Tetrahydrofuran Prices Movement Last Quarter:

Tetrahydrofuran Prices in Germany:

Product

Category

Price

Tetrahydrofuran

Petrochemicals

2,660 USD/MT

In the last quarter, Germany saw a notable rise in tetrahydrofuran (THF) prices, reaching 2,660 USD/MT, despite the off-season trends in the spandex sector. Although the textile industry typically experienced a slowdown during this period, particularly in spandex production, the THF market continued to see an upward pricing trajectory. This price increase was driven by factors beyond seasonal demand, such as supply constraints, increased production costs, and steady demand in other industries. A comparison of the first and second halves of the quarter revealed a modest but consistent rise in prices, reflecting the resilience of the THF market amid external pressures.


How the IMARC Pricing Database Can Help

The latest IMARC Group study, “Tetrahydrofuran Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Tetrahydrofuran price trend, offering key insights into global Tetrahydrofuran market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Tetrahydrofuran demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. The price report uncovers critical factors influencing current and future prices by exploring the intricate relationship between supply and demand.

Get Real-Time Prices of Tetrahydrofuran: https://www.imarcgroup.com/tetrahydrofuran-pricing-report


Key Features:

Key Attributes

Details

Product Name

Tetrahydrofuran

Report Features

Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Tetrahydrofuran Price Analysis, and Segment-Wise Assessment.

Currency/Units

US$ (Data can also be provided in local currency) or Metric Tons

Information Covered for Key Suppliers

·       Company Overview

·       Business Description

·       Recent Trends and Developments

Customization Scope

The report can be customized as per the requirements of the customer

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