The Di-tert-butylphenol (DTBP) market in the Asia-Pacific (APAC) region continued to follow its downward trend during May xxxx, with India and Taiwan both experiencing sustained price corrections. The weakening in prices was for the most part caused by chronic oversupply, high stocks, lukewarm downstream demand, and a deteriorating cost environment underpinned by declining crude oil and phenol prices.
鈥�听听听听听听听听听听听听 Softness Continues Across APAC
In India, DTBP Ex-location prices fell by x.xxx decline to INR xxx,xxx/MT and Import (CFR) prices followed suit, declined by x.xxx to INR xxx,xxx/MT in May xxxx. Supply chains moved smoothly despite the price corrections, with consistent inventory levels and uninterrupted import flows from Taiwan.
Taiwan&#xx;s DTBP market also witness decline of x.xxx in May to settle at USD xxxx/MT. This moderation of prices indicated slowed export activity in the ASEAN region, although relatively robust...
