Texas (USA): The Meth Acrylic Acid market faced significant challenges on a global scale, particularly in the United States and European regions, as prices experienced a notable downturn amid imbalanced market fundamentals. This decline was driven by a combination of factors, including weak demand sentiments, surplus inventories, and a consistent rise in stocks. The sharp decrease was further exacerbated by the substantial fall in crude oil prices. However, as the industry bids farewell to xxxx, early indicators suggest that a recovery may be on the horizon in the first quarter of xxxx.
In the United States, the Meth Acrylic Acid market encountered a perfect storm of adverse conditions, with ample supplies, weak demand from downstream industries, and a notable decrease in crude oil prices during December xxxx. The first half of Qx xxxx is anticipated to be characterized by continued dullness in end-use demand, especially from the...
