Chemanalyst

In the latest events, a well-known Italian company Radici declared force majeure on September 14th, 2022, for resins, Adipic Acid and at the Novara Plant, Italy.

The spot offers for Sodium Sulphate have been observed to be on a bullish run throughout the second quarter of 2022. The supply turmoil unleashed by Russia's invasion of Ukraine has severely impacted trade activities across the globe. On the upstream price front, the Sodium Sulphate Prices have also surged by approximately 8% towards the end of Q2, prompting enough cost pressure on the market values of Sodium Sulphate. As a result, a consistent surge has been observed in manufacturers' quotations. As per the market players, the supply shortages have constrained production capacity as the inpu

The Nitroxoline Pricing displayed a rising pattern because of strong market fundamentals in the North American locale. Nitroxoline prices rose at the beginning of Q2, with bullish demand due to the resurgence in purchasing appetite. The costs went stable during the second half of Q2 2022 as interest for the product from the pharmaceutical sector went sound, attributable to cautiously operating manufacturing units. Towards the end of Q2 2022, the costs decreased due to flooding demand, suspended shipments, and route disruption. With continuous trading strain, the trade market was impacted beca

The Steel Wire Rod Pricing in the US witnessed an upswing during the second quarter of 2022 owing to the raw material shortage amidst rising geopolitical uncertainty. However, the disrupted supply chain and growing inflationary pressures further provoked Steel Wire Rod prices to soar. The Russia-Ukraine combat and its ramifications, particularly on raw materials and logistics, and the hikes in both energy prices and steelmakers' manufacturing costs, further impact supply-demand-side and production costs. However, the expansion rate in production outcomes was the slowest, as material shortages

The Metformin Hydrochloride prices API in the North American region showcased an increment in the second quarter of 2022. On the demand front, offtakes for the product remained firm throughout the week from the end-user Nutraceutical and Pharmaceutical industries. However, the supply system was still impeded due to the lengthy supply chain. Despite growing inflation expectations and a yet-to-happen shift back to services spending, US imports of Metformin Hydrochloride from Asia continue to expand, indicating that consumer demand remains strong. Following a prolonged supply interruption, the U

In Q1 2022, the Butadiene price showed varied sentiments in North America. At the initial part of the quarter prices remained plunged initially and later recovered. During January, the prices dropped significantly by 10% as compared to last quarter of 2021. The initial decline in the prices was attributed to the abundant supplies and weak trading activities. Demand from downstream Styrene Butadiene Rubber (SBR) and Acrylonitrile Butadiene Styrene (ABS) plastic has remained bearish in the region. As the upstream Crude and Natural gas prices rallied upwards by the mid quarter, the Butadiene sen