The Erucic Acid price trend inclined in the European region and witnessed an overall increase of x.xx during May xxxx amid moderate demand and insufficient availability of supplies in the market. The demand for Erucic Acid was stable from the Oil paint manufacturers. Meanwhile, the shortage of raw materials disrupted the production chain, leading to delays and increased costs for paint manufacturers during the first quarter of xxxx.
The Erucic Acid production rates were moderately low as the manufacturing units were operating at reduced capacity. Despite a decrease in factory output, the contraction rate observed was the mildest and slowest compared to the previous month. However, the Manufacturing activities in the European region showed a slight improvement in May xxxx, but the index remained in a contraction category, suggesting a reduction in the manufacturing activities. On the contrary, the feedstock Rapeseed Oil prices witnessed...
