鈥⑻� United States: Strategic Moves During Price Plunge
In America, DIPE prices started the month on a firm note at USD xxxx/MT with support from well-balanced supply chains, consistent export operations, and moderate demand from industries like healthcare and agrochemicals. But by the second week, DIPE prices dropped x.xxx to USD xxxx/MT primarily due to strategic purchases of lower-priced European imports. The slump was due to poor European downstream demand and oversupplies, creating scope for U.S. importers to replenish at discount prices, especially for re-exporting to Canada and Mexico. Although domestic consumption was also weak, market participants hedged proactively in the face of transatlantic economic divergence with the Eurozone witnessing disinflation and dwindling trade flows.
鈥�听听听听听听听听听听听听 China: Resilience Despite Demand Challenges
While Chinese DIPE market had price stability of USD xxxx/MT throughout both weeks, with a steady decline...
