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US isophthalic acid prices registered a modest uptick in December ****, with recent assessments stating *.** appreciation compared to November鈥檚 figures. Traders reported only modest improvements due to changing dynamics and mixed demand from downstream consumers; however, due to shrinking inventories as we moved into the winter months, many purchasers absorbed small premiums for product during December because of year-end fulfilment activity.
While prices of isophthalic acid have increased somewhat this month compared to last month, isophthalic acid prices in the US have been experiencing downward pressure throughout much of **** from significantly increased volumes of imports and stable levels of domestic production, alleviating concerns over the availability of supplies.
Importing will continue as one of the main components of the US supply chain for isophthalic acid. Major sources include India, South Korea, Canada, and Spain. Regular shipments from these countries have...
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