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Propionic Acid price Trend and Forecast - Delhi
Tuesday, 24 August, 2021
Item details
City:
Delhi
Offer type:
Sell
Item description
The supply of Propionic Acid price in the North American region recovered from the impact of the polar winter storm Uri, after several manufacturers ramped up operations to replenish the inventory levels which got disrupted due to winter storm in Q1. As a ripple effect, 90% of the total Propionic Acid capacity restored in the US which eased the overall market outlook in the North American region. Demand remained balanced from the downstream food and preservatives industries and export market recovered despite persistent logistic constraints. The market sentiments were bolstered by traders replenishing the inventories levels ahead of the upcoming hurricane season in the US Gulf region. As a ripple effect, Propionic Acid prices in the North American region were stabilized with FOB Louisiana discussions in June settling at USD 1200 per tonne.
Get more information
websites:- httpswww.chemanalyst.com/Pricing-data/propionic-acid-1184
Contact No:- +16468620089
Get more information
websites:- httpswww.chemanalyst.com/Pricing-data/propionic-acid-1184
Contact No:- +16468620089
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