Husein Murad’s Post

Global Fumaric Acid Market Sees Surge in Prices The global Fumaric Acid market has experienced a significant price surge, driven by a stronger Chinese yuan, making exports more competitive, and geopolitical tensions disrupting trade routes. The surge has led to an increase in demand and a supply crunch as several production facilities underwent maintenance, exacerbating the shortage. Moreover, rising raw material costs, influenced by international crude oil prices, have further escalated production costs. In the U.S., these factors have combined with supply chain bottlenecks and increased shipping costs due to a General Rate Increase by carriers, resulting in higher prices for American consumers. This situation underscores the intricate interplay of economic and geopolitical factors affecting global markets, necessitating stakeholders to adapt and reinforce supply chain resilience. # Thank you Kazuki Tanaka for your submission!

🔍 𝐀𝐜𝐞𝐭𝐢𝐜 𝐀𝐜𝐢𝐝 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐂𝐡𝐢𝐧𝐚: 𝐀 𝐂𝐥𝐨𝐬𝐞𝐫 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐑𝐞𝐜𝐞𝐧𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 The acetic acid market in China has been showing signs of a slight decline recently, driven by a supply-demand imbalance and sluggish demand from downstream industries. Here's a quick update on the current market dynamics: 📉 𝐏𝐫𝐢𝐜𝐞 𝐓𝐫𝐞𝐧𝐝𝐬: While prices remained relatively stable, a moderate decline was observed due to low enthusiasm from buyers and moderate trading activity across regions. 💼 𝐒𝐮𝐩𝐩𝐥𝐲 & 𝐃𝐞𝐦𝐚𝐧𝐝: Domestic production remains high, ensuring ample supply, but limited pre-holiday stocking has led to weaker demand, particularly in North China and Shandong. 📊 𝐔𝐩𝐬𝐭𝐫𝐞𝐚𝐦 & 𝐃𝐨𝐰𝐧𝐬𝐭𝐫𝐞𝐚𝐦 𝐄𝐟𝐟𝐞𝐜𝐭𝐬: The methanol market saw fluctuations, with rising crude oil prices initially strengthening it but later weakening as shipping costs increased. On the other hand, the acetic anhydride market showed slight upward movement due to balanced supply and demand. 🔮 𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐀𝐡𝐞𝐚𝐝: In the short term, the acetic acid market is expected to remain stable, with pricing trends largely dependent on downstream activity. Close monitoring of the supply-demand dynamics is crucial for understanding future shifts. 𝐅𝐨𝐫 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐚𝐜𝐞𝐭𝐢𝐜 𝐚𝐜𝐢𝐝 𝐦𝐚𝐫𝐤𝐞𝐭 𝐭𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐫𝐞𝐚𝐝 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐚𝐫𝐭𝐢𝐜𝐥𝐞 𝐨𝐧 𝐰𝐞𝐛𝐬𝐢𝐭𝐞: https://lnkd.in/gzUBn-ea #AceticAcid #MarketTrends #ChinaMarket #ChemicalIndustry #SupplyChain #IndustryInsights #PricingTrends #MarketAnalysis #MethanolMarket #AceticAnhydride #PriceFluctuations #SupplyDemandImbalance #ChemicalPricing #MarketUpdate #ChemicalManufacturing #IndustrialEconomics #TradeAnalysis #Stockpiling #DownstreamMarket #PreHolidayStocking #procurement #procurementresource

🌍 𝐀𝐬𝐢𝐚'𝐬 𝐅𝐚𝐭𝐭𝐲 𝐀𝐜𝐢𝐝𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞: Key Trends and Insights 🌱🎄 The 𝐟𝐚𝐭𝐭𝐲 𝐚𝐜𝐢𝐝𝐬 market in Asia is facing a more subdued period as we approach the year-end. 𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐬𝐨𝐦𝐞 𝐤𝐞𝐲 𝐨𝐛𝐬𝐞𝐫𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐬𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭: 🎅 𝐇𝐨𝐥𝐢𝐝𝐚𝐲 𝐋𝐮𝐥𝐥:Interest in spot purchases has softened, with many buyers already secured for January shipments. ⛷️ 𝐔𝐩𝐬𝐭𝐫𝐞𝐚𝐦 𝐕𝐨𝐥𝐚𝐭𝐢𝐥𝐢𝐭𝐲: Fluctuations in the 𝐩𝐚𝐥𝐦 𝐨𝐢𝐥 market are influencing buying decisions, despite higher prices for certain 𝐟𝐚𝐭𝐭𝐲 𝐚𝐜𝐢𝐝 fractions, including 𝐥𝐚𝐮𝐫𝐢𝐜 and 𝐦𝐲𝐫𝐢𝐬𝐭𝐢𝐜 𝐚𝐜𝐢𝐝. 🌟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐧𝐭𝐢𝐦𝐞𝐧𝐭: Broader macroeconomic factors, including inflation concerns and the potential for a global recession, continue to impact confidence across the supply chain. 🎉 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: Economic growth in developing Asia is expected to slow in 2025, influenced by geopolitical dynamics and ongoing trade challenges. 🎄 As the market continues to navigate these shifts, understanding both upstream and downstream dynamics remains essential for making informed decisions. 🔍 What trends are you observing in the fatty acids or oleochemical markets? Let's discuss in the comments below! #𝐎𝐥𝐞𝐨𝐂𝐡𝐞𝐦𝐢𝐜𝐚𝐥𝐬 #𝐅𝐚𝐭𝐭𝐲𝐀𝐜𝐢𝐝𝐬 #𝐅𝐚𝐭𝐭𝐲𝐀𝐥𝐜𝐨𝐡𝐥𝐬 #𝐏𝐚𝐥𝐦𝐊𝐞𝐫𝐧𝐞𝐥𝐎𝐢𝐥 #𝐏𝐚𝐥𝐦𝐎𝐢𝐥 #𝐏𝐚𝐥𝐦𝐎𝐥𝐞𝐢𝐧 #𝐏𝐚𝐥𝐦𝐒𝐭𝐞𝐚𝐫𝐢𝐧

It is expected that the domestic market price will mainly fluctuate and weaken in the short term. #SunSirs #China #CommodityData #Index #BulkInformation #SpotPrices #Futures #MarketTransaction #SodiumMetabisulfite

🌍 Industrial stearic acid is in high demand across the globe, with key import markets driving the growth of the industry. From the United States to China, these top import markets play a crucial role in shaping the market dynamics for industrial stearic acid. Discover the latest trends and insights on these key import markets with IndexBox! #industrial #stearicacid #imports #market #growth #analysis #trends #data #insights #globaltrade #internationalmarkets #marketresearch #businessintelligence #industry #indexbox https://lnkd.in/e5fxp7NV

Bromine Market Size to Hit US$ 3.3 billion by 2029 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗣𝗗𝗙 𝗕𝗿𝗼𝗰𝗵𝘂𝗿𝗲:https://lnkd.in/dUzYcayT The bromine market is projected to grow from USD 2.6 billion in 2024 to USD 3.3 billion by 2029, at a CAGR of 4.6% from 2024 to 2029. Continuous research and development efforts lead to innovative bromine-based products with enhanced properties and applications. The analysis provides an exhaustive investigation of the global market together with the future projections to assess the investment feasibility. Furthermore, the report includes both quantitative and qualitative analyses of the post-consumer this market throughout the forecast period. The report also comprehends business opportunities and scope for expansion. Besides this, it provides insights into market threats or barriers and the impact of regulatory framework to give an executive-level blueprint the post-consumer this market. This is done with an aim of helping companies in 𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:👇 ✅ ICL Group ✅ Albemarle Corporation ✅ LANXESS ✅ Tosoh Corporation ✅ Gulf Resources Trd. & Cont. Co. ✅ TETRA Technologies, Inc. ✅ Tata Chemicals ✅ Hindustan Salts Ltd ( A GoI Enterprise) ✅ Honeywell ✅ ARCHEAN CHEMICAL INDUSTRIES LIMITED ✅ Agrocel Industries Pvt Ltd ✅ Perekop Bromine Factory ✅ Satyesh Brinechem Other Players ✅ MORRE-TEC Industries, Inc ✅ Shandong Yuyuan Group Co.,Ltd ✅ Shandong Haiwang Chemical Co., Ltd. ✅ Shandong HAIHUA Group ✅ Shandong Ocean Chemical Co., ltd. ✅ Shandong Weifang Longwei Industrial Co,Ltd ✅ ShanDong RunKe Chemical Co.,ltd Engineering ✅ Dhruv Chem Industries ✅ Shandong Lubei Chemical Co., Ltd. ✅ Shandong HAOYUAN Group ✅ Chemcon Speciality Chemicals Limited ✅ Sangfroid Group Chemicals ✅ Chemada Industries Ltd. ✅ Vinyl Kft., And So on...

Asia’s Base Oils Market: Resilience Amid Global Uncertainty! The Asia base oils market continues to show resilience, despite the current global challenges. Have a look at the infographic for a quick snapshot of the key demand drivers and regional trends shaping the market. As we move into H2 2024, expect moderate shifts: - Group II supply is set to rise - Group III availability will expand - China’s demand is projected to recover, with a potential decline in imports For a deeper dive into what these trends mean for the industry, don’t miss our Asia Base Oils Midyear Outlook. http://spkl.io/6048fMCe4 #BaseOils #MarketOutlook #ICIS

Asia’s base oils market is showing resilience amidst global uncertainty. Check out this infographic for a quick visual snapshot of demand drivers and regional trends. In H2 2024, the market is set for moderate shifts as Group II supply increases and Group III availability expands. China’s demand is expected to recover, with imports likely to decline. For a more comprehensive analysis of these trends and how the market may evolve, read our full Asia Base Oils Midyear Outlook. Read now: http://spkl.io/6048fMCe4 #BaseOil #ChemicalIndustry #Petrochemicals

Styrene prices have been rising in China amidst tight supply and rising benzene prices The rise in styrene prices in China can be attributed to a combination of rising raw material costs, driven by higher international oil and pure benzene prices. Read More: https://lnkd.in/gSaNqy8H #styreneprices #domesticmarket #benzeneprices #rawmaterialcosts #producestyrene #marketanalysis #pricetrends #productioncostreport #procurementresource

South Korea Yeast Market Size, Share Analysis 2024-2030 | Industry Growth Rate, Current Scenario and Top Companies https://lnkd.in/eyXMawca #marketanalysis #marketresearch #marketresearchreports #businessintelligence