Louisiana (USA)- Throughout the first week of April, Cumene prices in the US market continued to maintain stability amidst a slow to stable demand outlook for Cumene from acetone, phenol, methyl methacrylate (MMA), and other solvents required by end-use manufacturing industries. The number of Cumene inventories in the US market is sufficient to meet both domestic and international demand, proportionally impacting the final prices of Cumene in the US market. A significant factor affecting Cumene prices is the consistent stability and slight decrease in Benzene prices in the domestic market.
As of the week ending April xth, Cumene market prices were reported at USD xxxx per metric ton, Free on Board (FOB) Louisiana, showing stability. Manufacturers are optimistic about receiving moderate inquiries for Cumene in the US market in the upcoming weeks of xxxx.
In the end-use industries, despite the current elevated mortgage rates, housing...
