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USA CoQ** *** CIF-Los Angeles prices recorded a marginal uptick in early April ****, rising *.*** per weekly assessment data after a month in March that saw a small month-on-month decline. Early March showed a brief firming in spot activity, but the market moved into a narrow trading range through the latter half of the month as steady CIF arrivals and balanced domestic output removed both cost-push and discount catalysts for CoQ**. Overall market tone was subdued, with muted spot enquiries and limited urgency among CoQ** buyers and sellers keeping price momentum constrained into the opening weeks of April.
CoQ** demand dynamics were mixed across market participants. Distributors and wholesale hubs remained soft, with spot enquiries thin in major hubs such as Chicago and Los Angeles and a generally muted trading appetite. In contrast, domestic toll manufacturers and formulators stayed...
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