In mid- April, the Anisole market showed steady trend across the Asia-Pacific region, particularly in India and China. The stability in Anisole stemmed from the balanced market conditions. Market participants reported that cautious trading prevalent in the spot market also contributed in maintaining this equilibrium.
A critical aspect of the current market sentiment was the cautiousness resulting from the imposition of tariffs. While other global markets were subject to a moderate xxx tariff Chinese imports faced a staggering duty level of up to xxxx. This severe situation posed challenges for Chinese traders negatively impacting established supply chains and influencing broader market trends within the Anisole landscape. As a response to this uncertainty many traders in China have adopted a rollover strategy to cope with the emerging volatility in the Anisole market.
Looking at the feedstock situation trends, there were...
