In the Asia Pacific region, the price trend of methyl methacrylate initially rose in the first quarter due to post-holiday market activities and increased buyer interest. However, as the quarter progressed, rising production in China and weak demand led to a decline. In the second quarter, prices increased due to high demand, but oversupply and…
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In Asia, Methyl Ethyl Ketone prices had a sluggish start in H1 2023 due to plummeting demands from paint and coating industries, compounded by weak feedstock butanol prices. The pandemic-induced lockdowns in China initially halted the industry, and even after reopening, consumer focus on necessities prolonged the revival. Global economic slowdown also contributed, leading to…
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Fumaric acid prices followed diverse trends in different regions during the first half of 2023. In Asia, prices initially declined due to lower feedstock prices but later found support from reduced supply caused by manufacturing unit shutdowns. However, demand slowdown in the second quarter led to stockpiling and decreased production. Europe saw an increase in…
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In the Asian region, the price trend of aluminum sheets was impacted by the fluctuating price of aluminum ingots. Reduced construction industry activities and labor strikes contributed to the fall in demand and prices in the first quarter. In Europe, the price trend declined due to low buyer confidence, constrained supply, and fears of price…
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In the first and second quarters of 2023, the price trend of sodium benzoate declined in Asia, Europe, and North America due to weak demand from downstream industries, falling feedstock prices, and increased stockpiles. Some regions saw temporary inclines in demand and prices due to positive trading activities and energy production costs. However, overall, the…
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In 2023, the price trend of sodium bromide declined in the Asia Pacific, Europe, and North America regions. Weak demand from water treatment, pharmaceuticals, and drilling industries led to reduced imports and domestic production in Asia. In Europe, rising energy costs and low supply initially increased prices, but inquiries dropped, water treatment demand slowed, and…
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In the first quarter of 2023, the price of sodium propionate in Asia and Europe saw an upward trend due to falling raw material costs and positive market momentum in the pharmaceutical sector. However, in the second quarter, the price trend declined in both regions as demand from downstream industries fell, along with uncertainties in…
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Natural gas is a conventional energy source primarily obtained from the deep layers of the earth’s surface where the dead decaying matter of the organisms is found. The earth’s surface processes the dead matter for millions of years, which naturally formulates Natural gas and is used to produce different types of energy sources. Natural gas…
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Methylene Diphenyl Diisocyanate prices in Asia experienced mixed fluctuations during the first half of 2023. The initial surge in demand, driven by limited inventory stocks and the revival of the automotive and manufacturing sectors, led to price increases in the first quarter. However, as excess supplies filled inventories in the second quarter, prices declined. In…
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In Asia, Methyl Ethyl Ketone prices had a sluggish start in H1 2023 due to plummeting demands from paint and coating industries, compounded by weak feedstock butanol prices. The pandemic-induced lockdowns in China initially halted the industry, and even after reopening, consumer focus on necessities prolonged the revival. Global economic slowdown also contributed, leading to…
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