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Benzoic acid prices in the United States eased through February as softer downstream purchasing outweighed cost pressures from rising feedstock and freight. Early in the month, buyers were still working through Benzoic acid inventories accumulated over the winter holidays; mid-month increases in toluene and Trans-Pacific freight tightened landed-cost dynamics, while mid鈥搇ate month supply availability remained comfortable as European oxidation units held steady and Chinese Benzoic acid suppliers resumed normal loadings after Lunar New Year restarts. The net effect was weaker spot demand and a month-end assessment that showed prices down versus the start of February, reflecting a market where buyer caution and ample import arrivals for Benzoic acid set the tone.
Benzoic acid demand聽was broadly soft across core end markets, reinforcing the downturn in Benzoic acid spot prices. Food & beverage users slowed replenishment of food-grade preservatives and preservative formulations for...
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