The Pentaerythritol price trend was observed to be stable in the North American market during first half of May xxxx as producers were not changing their quotations from the past few weeks amid balanced demand-supply dynamics. The market experienced stable demand for Pentaerythritol from paints and coating manufacturers. Sherwin Williams reported stagnant net sales in the Paint Stores Group, while demand for DIY paint in North America remained subdued, offset by international growth within the Consumer Brands Group. Meanwhile, Pentaerythritol supply rates were firm to the importers, and the US Exports rose x.xx in April compared to March xxxx. This increase comes after several months of either declining or stagnant month-on-month changes.
Meanwhile, the operating rates were intermediate at Pentaerythritol manufacturing units, attributed to limited supplies of feedstock Formaldehyde. At the same time, the rise in upstream Methanol costs, driven by an increase in non-discounted reference...
