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For the past few weeks, the Pentaerythritol price trend was stagnant in the USA as producers were remain hesitant to change their quotations amid moderate demand and supply dynamics. The availability of stocks was adequate in the market amid moderate production rates. At the same time, the supplies were delayed to importers due to supply chain disruption and increased ship traffic at ship routes amid drought at the Panama Canal and increased ship traffic on the Suez Canal. At that time, the Pentaerythritol stocking activities were also firm from the buyers amid affliction in global supply chain activities. Moreover, the cost support remained stagnant from the feedstock Formaldehyde amid sufficient availability of supplies and stable demand from end-user industries.
As per the sources, in February xxxx, the USAx;s manufacturing Purchasing Managerx;s Index increased and remained above xx due to an escalation in new orders, production, and output...
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