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July 23rd, 2024

Silane Prices Trend | Pricing | Database | Index | News | Chart

North America

In Q1 2024, the Silane pricing dynamics in the North American region, particularly in the USA, faced fluctuations and challenges. While the overall trend suggested a bearish market, a closer examination reveals several influencing factors beyond the usual top three. The market was impacted by weak purchasing activities, reduced demand from the downstream electronics and construction sectors, and global economic weakness. These elements contributed to a decline in prices for Silane electronic and coating grades. Despite moderate supply and sufficient stockpiles, disruptions in ocean routes affected global trading activities and reduced external demand.

The low demand for Silane stemmed from existing stockpiles and a broader economic environment marked by uncertainty, price pressures, and general weakness. The global decline in electronics production also impacted Silane demand in the electronic industry. Seasonally, the first quarter typically sees slower demand and reduced purchasing activities. By the end of the quarter, the final price for Silane Coating Grade DDP Texas in the USA was USD 3400/MT.

Get Real Time Prices for Silane : https://www.chemanalyst.com/Pricing-data/silane-1196

APAC

In Q1 2024, the Silane pricing dynamics in the APAC region, especially in China, experienced significant fluctuations. The Chinese market exhibited a bearish trend, mainly due to weak demand from the downstream electronics sector. The global electronics industry struggled with subdued client demand, leading to a decline in new orders for electronic manufacturers. This trend was driven by the weak global economy, persistent inflationary pressures, and project postponements. While Silane supply remained moderate with ample stockpiles, disruptions in the Red Sea supply chain reduced overseas demand and new international orders. The pricing trend in Q1 2024 showed a decline compared to the same quarter last year, primarily due to weak demand and global economic challenges. Notably, there were no plant shutdowns during this period that significantly affected pricing dynamics. The quarter concluded with the Silane Coating Grade FOB Shanghai in China at USD 3000/MT.

Europe

In Q1 2024, the Silane pricing dynamics in Europe were influenced by several factors beyond the conventional top three. The German market reflected a bearish sentiment, with weak demand from the downstream electronics and construction sectors. The global electronics sector faced challenges due to weak client demand, while the German construction sector continued to decline, influenced by market uncertainty and high interest rates. These factors led to reduced purchasing activity and downsizing by construction firms, decreasing Silane demand. Additionally, disruptions in ocean routes impacted international trading activities, further affecting export demand. Despite sufficient supply meeting domestic needs, the market experienced a slowdown in trading activities. Year-over-year price comparisons showed a decline in Silane Coating Grade prices in Q1 2024 compared to the same quarter last year, reflecting challenging market conditions. However, prices remained stable compared to the previous quarter of 2023. The final quarter price for Silane Coating Grade FD Hamburg in Germany was USD 3712/MT.

Get Real Time Prices for Silane : https://www.chemanalyst.com/Pricing-data/silane-1196

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