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Phenolic Resin pricing Trend and Forecast - Delhi
Thursday, 7 July, 2022
Item details
City:
Delhi
Offer type:
Offer
Item description
Phenolic Resin Pricing observed an upward trajectory in the first quarter of 2022 in North America owing to the limited availability of feedstock Phenol amidst its appreciable demand. Phenolic Resin prices were observed at USD 4320/ton CFR New York in USA in the beginning of the quarter. However, in late December, owing to the low manufacturing of automobiles due to semiconductor shortage and Phenolic Resin demand, Phenolic Resin witnessed a gradual slowdown in demand. Besides, the meagre supply of the product to meet the demands of the downstream industries such as automobiles, building & construction, and electronics, the market sentiments remained high throughout the quarter.
For more information
E-Mail:- sales@chemanalyst.com
websites:- httpswww.chemanalyst.com/Pricing-data/phenolic-resin-1129
Contact No:- +13322586602
For more information
E-Mail:- sales@chemanalyst.com
websites:- httpswww.chemanalyst.com/Pricing-data/phenolic-resin-1129
Contact No:- +13322586602
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