Chemical Price | Prices | Pricing | Monitoring | ChemAnalyst

For the Quarter Ending September 2023 North America In the North American market,  H Acid  experienced a decline in price trends during the third quarter, concluding in September 2023. This was primarily attributed to diminished demand from downstream ventures and ample stocks in storage units, prompting a downward trajectory in H Acid prices. Concurrently, feedstock Naphthalene and Sulphuric Acid prices rose, while Ammonia exhibited an opposing trend. The domestic market witnessed a decline in H Acid prices due to low demand and production cuts by enterprises. Abundant product supplies in storage units, coupled with weak demand from China to the USA, led to decreased trading activities. Despite the end of the National Holiday in China in early October 2023, demand remained lackluster, with low purchasing activities and suppliers hesitating to raise quotations for the domestic market. Additionally, despite the US economy's two-year growth spurt, inflation persisted above the 2...

For the Quarter Ending September 2023 North America In the third quarter, concluding in September 2023, the  H Acid  market in North America witnessed a decline in prices. This downward trend was primarily driven by diminished demand from downstream ventures and sufficient stocks in storage units. The H Acid prices mirrored the drop in demand, further influenced by a reduction in production among enterprises. Concurrently, feedstock prices for Naphthalene and Sulphuric Acid rose, while Ammonia experienced the opposite trend. The domestic market observed a decline in H Acid prices due to low demand and production cuts. Abundant product supplies in storage units, coupled with reduced trading activities from China to the USA, were notable. Despite the end of the National Holiday in China in early October 2023, demand remained lackluster, with minimal purchasing activities and suppliers reluctant to raise their quotations. Additionally, the US economy exhibited a two-year gro...