The global x-Ethylhexyl Nitrate (x-EHN) market experienced a significant price drop in August xxxx, influenced by a number of factors. One of the main reasons behind this price drop is the continued decline in the price of crude oil, which is crucial for the production of x-EHN. Declining crude oil prices will suppress x-EHN prices and create a more favourable investment environment for manufacturers. In addition, the market saw a narrowing of the gap between demand and supply, which also contributed to a decline in the overall price. During this period, the demand for x-EHN was uneven, mainly due to the weak performance of the end-use sectors, especially the automotive industry.
In the North American region, the x-EHN market faced a significant price decline of USD xx/MT during August, primarily attributed to weakened demand and surplus inventories. One of the key drivers behind this downturn was inconsistent...
