Nitro Cellulose Prices, Pricing, Trend, Demand & Supply, Market Analysis | ChemAnalyst
For the Quarter Ending September 2023 North America In the third quarter, the Nitro Cellulose market in the USA exhibited positive dynamics compared to the preceding quarter. While experiencing minor fluctuations, the market witnessed a bullish trend for two consecutive months due to heightened demand from various end-use industries. However, in September, prices took a downturn as product availability surged, leading to a depreciation in the cost of Nitro Cellulose in the USA. Reports in July indicated a minor supply disruption across the country, attributed to tornadoes hitting California and other areas, although the impact on the Nitro Cellulose market remained minimal. Economic data from FRED revealed a 2% increase in the Producer Price Index (PPI) in August, further supporting the bullish trend as consumers engaged in stocking practices. Conversely, inquiries slowed in September due to sufficient material availability in the domestic market, meeting the demand for...