In March xxxx, the n-Propanol price trend remained stable as producers kept their quotations unchanged in South Korea due to moderate demand-supply dynamics. The availability of n-Propanol stocks was adequate to fulfil the market demand amid afflicted production rates and sluggish demand from buyers. Meanwhile, the consumer product offtakes were moderate to low from the buyers amid a rise in inflation in the country.
As per the sources, in February xxxx, South Korea&#xx;s Manufacturing Purchasing Manager&#xx;s Index declined marginally compared to the previous month but remained above xx, indicating a slowdown in the expansion of manufacturing sector activities. The production rates were affected by the inconsistent supplies of feedstock Ethylene due to a shift in upstream Crude Oil prices because of the extension of OPEC+ Crude Oil production cuts till mid-xxxx and moderate demand for Ethylene amid rising inflation in the country. However, it had an inconsiderable...
