Amid Active End-use Demand, US Nonylphenol Ethoxylates Prices Witness Buoyancy in Early Q2 2024

Amid Active End-use Demand, US Nonylphenol Ethoxylates Prices Witness Buoyancy in Early Q2 2024

Li Hua 17-Apr-2024

Hamburg, Germany:  At the onset of the second quarter of xxxx, the regional market has witnessed a notable upswing in the prices of Nonylphenol Ethoxylates. The uptick follows considerations by OPEC+ nations to extend their production cuts into Qx xxxx, impacting the pricing dynamics of various chemicals, including Nonylphenol Ethoxylates. Furthermore, Germany&#xx;s chemical industry, a key player in the global market, has encountered significant challenges in recent quarters, exerting pressure on the market performance of crucial raw materials like Nonylphenol Ethoxylates. Despite these challenges, the Asian Nonylphenol Ethoxylates market has shown resilience, with an uptick in demand from downstream industries, particularly the Personal Care sector, driving the price trend upwards.

The ChemAnalyst database has shown that the prices of US Nonylphenol Ethoxylates have demonstrated an increment of USD xx per ton in the week ending xxth April compared to the prices observed at the start of...

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