The global Glutaraldehyde market experienced a weakened purchasing environment, with prices consistently trending downward due to sluggish overseas demand and reduced bids from major manufacturing units. This decline in demand and slow market off-takes led to a slump in Glutaraldehyde exports from significant production units. Amidst low demand and high inventories, regional Glutaraldehyde markets traded sideways and suffered losses. Limited demand for fresh stocks, coupled with lower Glutaraldehyde settlements, further pushed prices down, especially with the December settlement experiencing a decline.
The weakened demand scenario was evident across various sectors, including limited demand for Glutaraldehyde xxx from medical sterilization and laboratory sectors. Downstream ventures such as leather tanning industries and oil and gas industries were also cautiously conducting operations, contributing to the overall subdued market conditions. The situation was exacerbated by a lack of support from supply-demand dynamics.
Meanwhile, exports of Glutaraldehyde from...
