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The hydroquinone market in the USA exhibited a significant upward price trend in November ****, which continued into December with an increase of *.***. This trend has been linked to both favorable demand conditions and an anticipated reduction in supply conditions. Market players in the entire value chain have also noted a notable rise in the hydroquinone price of transactions, which has been attributed to an improvement in consumer as well as procurement activities by market players for purposes of preparing for requirements in ****.
In November, the demand for hydroquinone remained strong, especially from the personal care and cosmetics industries that continue to use the chemical for specialty products. At the same time, the polymer and specialty chemical producers also demonstrated steady demand volumes. Also, the buyers demonstrated increasing readiness to place orders at a higher price levels, which was on account...
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