Hamburg, Germany: With the start of March xxxx, the prices of Nonylphenol Ethoxylates have begun to gain momentum across regional markets. According to market sources, US and global oil prices surged after reports emerged that OPEC+ nations have been considering extending their production cuts into Qx xxxx. The rise in upstream crude oil prices has been reflected in the pricing dynamics of several chemicals, including Nonylphenol Ethoxylates. Additionally, over the past few quarters, Germany’s chemical industry has endured an extremely challenging business environment, which has raised concerns about the market performance of key raw materials, including Nonylphenol Ethoxylates.
The ChemAnalyst database has shown that prices of Nonylphenol Ethoxylates have escalated in the domestic market of the USA. Market sources indicate that reduced market operations during the winter season have started to exert supply-side pressure for Nonylphenol Ethoxylates, resulting in relatively limited availability of finished goods. Furthermore, inquiries...
