APAC Diesel Prices Movement Last Quarter:
Diesel Prices in China:
In the last quarter of 2024, diesel prices in China saw a consistent upward trend, reaching 1,035 USD/MT by the end of the period, driven by a combination of strong domestic demand, supply constraints, and seasonal factors. Key sectors such as agriculture and construction witnessed increased activity, significantly boosting diesel consumption, particularly during harvest and construction peak seasons. The seasonal uptick in these industries, along with rising logistics demands, played a crucial role in pushing diesel prices higher. On the supply side, reduced refinery output, especially due to maintenance at major Shandong refineries, led to tighter supply chains, exacerbating the price hike.
The combination of restricted supply and sustained demand created an environment where price stabilization seemed challenging. Diesel producers adjusted their operations to meet sectoral needs, yet the limited availability kept price pressures high throughout the quarter. This trend highlighted the critical role of supply-demand dynamics in shaping the market. Furthermore, analyzing diesel price historical data reveals that this period marked a significant shift, as it reflects the impact of global supply chain disruptions and evolving domestic consumption patterns on price fluctuations. The Diesel Price Index for this period offers valuable insights into future pricing trends in China's diesel market, showcasing how external factors and internal demand converge to influence the market outlook.
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Note: The analysis can be tailored to meet the customer's needs.
Regional Analysis: The price analysis can be extended to provide detailed diesel price information for the following list of countries.
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.
Factors Affecting Diesel Demand and Prices
Diesel demand and prices are primarily influenced by factors such as industrial demand, seasonal consumption, global supply chain disruptions, and refinery output. Sectors like agriculture, transportation, and construction drive diesel consumption, especially during peak seasons. Supply constraints, including reduced refinery production or geopolitical issues, can lead to tight supply and rising prices. Additionally, fluctuations in crude oil prices and logistics costs impact diesel pricing. Government policies and environmental regulations also play significant roles in shaping the Diesel Price Index and market trends.
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Key Coverage:
- Market Analysis
- Market Breakup by Region
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Price Analysis
- Spot Prices by Major Ports
- Price Breakup
- Price Trends by Region
- Factors Influencing the Price Trends
- Market Drivers, Restraints, and Opportunities
- Competitive Landscape
- Recent Developments
- Global Event Analysis
How the IMARC Pricing Database Can Help
The latest IMARC Group study, “Diesel Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Diesel price trends, offering key insights into global Diesel 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 Diesel demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the price report uncovers critical factors influencing current and future prices.
About Us:
IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.
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