The price of Pentaerythritol (PENT) continued to showcase bullish sentiment in the European market as producers again raised their quotations by x.xx at the beginning of April xxxx. The demand for PENT was consistent among buyers, followed by a decrease in the Eurozone&#xx;s monthly inflation rate by x.xx in March xxxx compared to the previous month. Meanwhile, PENT supply rates were moderately low due to an affliction in operating rates at manufacturing units. Sources indicated that the Eurozone&#xx;s Manufacturing Purchasing Manager&#xx;s Index declined again in March xxxx and remained below xx, indicating a further slowdown in manufacturing sector activities.
The Inquiries for PENT increased from insecticide producers due to heightened demand from the horticulture sector. Simultaneously, PENT inquiries from Polyol makers remained consistent from the end-user Automotive sector as the automotive sales volume experienced a rise in the country over the past month, while Tesla commenced production...
