Global 2-EHN Market Firms Amidst Elevated Freight Cost and Market Uncertainties
- 09-May-2025 3:15 PM
- Journalist: Royall Tyler
The global 2-Ethylhexyl Nitrate (2-EHN) market experienced a modest inclination in prices during April 2025. This price increase is primarily attributed to a series of factors including fluctuating demand patterns from the downstream sector and trade uncertainties following frequent port congestion and increased rates of imported tariffs and freight charges.
In the North American market, the price of 2-EHN experienced a notable inclination in price during the current month in review, mirroring the trend followed during the previous month. This price uptick and volatile market trend for the imported material across the region are primarily shaped by growing concerns over potential tariffs, elevated freight rates from the material flowing from the APAC region including India, China and South Korea to the North American market. However, the major end-user showed sluggish performance, but traders stockpiled 2-EHN for future use as they fear potential price hikes. Insights gathered from various market sources indicate that Asia鈥揢.S. rates briefly climbed 10%, in the review period further exerting upward pressure on imported commodity prices including 2-EHN. However, traders have shifted their buying interest from China to India amidst 90-day pause window from the tariffs, but its impact on the 2-EHN prices remained mitigated associated with heavy restocking.
In like manner, in the Indian market the price of 2-EHN continued to move northwards. This price surge is attributed to a variety of factors including modest demand from both the domestic and international market and increased price quotations from the major manufacturers within the region including Kutch Chemical Industries Ltd. This has made the small traders also increase the prices slowly in an effort to secure their profit margin. Further, on the domestic front demand for 2-EHN remained modest amidst the strong performance of the prominent end-user automotive market. As per the statistical data indicated by the Federation of Automobile Dealers Associations (FADA), the Indian retail automotive sector recorded a modest growth of 1.55% in April 2025 on year-on-year basis reflecting sustained momentum in the sales. To add to this, international demand for 2-EHN has also remained firm with traders preemptively restocking material in order to avoid any disturbances later amidst ongoing geopolitical tensions worldwide.
As per 果酱视频 prediction the prices of 2-EHN are expected to stay volatile in the near term. Amidst ongoing trade uncertainties and fluctuating demand patterns, prices are expected to continue moving upwards. However, continuously weak buying sentiments amidst rising inflating and economic uncertainties may shape the future of 2-EHN otherwise.