In May xxxx, import prices of Succinic Acid rose marginally in Germany, as imports from China faced disruptions due to tariff uncertainties and logistical issues, including delays at major European ports caused by strikes and labor shortages, which increased costs and strained supply chains. Meanwhile, demand remained stable across key downstream industries amid cautious optimism. Succinic Acid prices are expected to decline by the end of mid-xxxx due to cautious buying from cosmetics manufacturers, though Succinic Acid supply in Europe will continue to face delays amid vessel rerouting around South Africa.
On the supply side, imports from China faced disruptions amid persistent tariff uncertainty and logistical challenges. However, a temporary tariff cut gave some relief, but importers stayed cautious. The Asia-Europe trade route was slow to recover due to changes in shipping paths, leading to delivery delays. On top of that, strikes and labor...
