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In the concluding month of xxxx, the import quotations of Succinic Acid witnessed an increment of x.xx and x.xx in the European and North American regions, respectively. Initially, the product availability was adequate in the regional market, which stressed the second half of the month amid freight delays and a decline in the Succinic Acid production rates of Chinese exporters.
Simultaneously, Asian exporters tightened their supplies of Succinic Acid due to a decline in their production rates. Initially, production rates remain firm as market sources indicated an expansion in the manufacturing sector activities as Chinax;s manufacturing Purchasing Manager recorded above xx due to a rise in new orders. However, production rates of Succinic Acid declined towards the end of the month amid the weak availability of feedstock n-butanol and Benzene. The n-butanol prices rose noticeably due to an increase in demand and trading activities amid...
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