Hamburg, Germany: The German Tertiary Butyl Alcohol market demonstrated a slight uptick in January xxxx due to increased manufacturing costs. Imports of upstream raw materials of Tertiary Butyl Alcohol from the US and Asian markets faced delays in German ports, affected by disruptions in the Red Sea and prolonged drought in the Panama Canal. This is adding further complexity to the pricing dynamics of various commodities, including the upstream naphtha and raffinate markets. As of January xx, xxxx, the assessed prices of Tertiary Butyl Alcohol anhydrous FOB Marl were USD xxx/MT.
Europe&#xx;s economy faced stagnation in the last quarter of the previous year, widening the gap between a thriving U.S. economy and a European continent that is falling behind. The latest economic data revealed that increased borrowing costs, coupled with the earlier effects of elevated energy prices following Russia&#xx;s invasion of Ukraine, have contributed to the challenges...
