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European Monochloroacetic Acid Prices Buckle Under Economic Challenges in 2023; 2024 Might be Another Tough Year

European Monochloroacetic Acid Prices Buckle Under Economic Challenges in 2023; 2024 Might be Another Tough Year

Rene Swann 16-Jan-2024

Rotterdam (The Netherlands): European Monochloroacetic Acid prices are ending xxxx on a weak note. Disregarding short periods of an uptrend, the Monochloroacetic Acid market mostly followed a bearish run throughout xxxx. Demand was under constant pressure from persistent inflation woes and high-interest rates across the regional market. In addition, volatile energy prices coupled with low feedstock costs have further exerted downward pressure on Monochloroacetic Acid prices. Market participants speculate that Monochloroacetic Acid prices might decline further in anticipation of weak demand dynamics.

According to 果酱视频, prices of Monochloroacetic Acid have inched lower in the German market during the last quarter of xxxx. The decline in prices was majorly attributed to the weak feedstock acetic acid and acetic anhydride prices, which resulted in the low production of Monochloroacetic Acid and supported the prices to follow a downward trend in the domestic market. On the input energy...

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