Antwerp, Belgium: In March xxxx, the H-Acid global market witnessed an incline in its trend due to the disruption in the supply and demand equilibrium as the demand from the downstream Textile sector was strong but an insufficient amount of inventories was present which led to the elevation in the prices of the commodity since the demand was not fulfilled. Also, the ongoing Farmer’s dispute in the European region and the post-Lunar New Year effects have contributed to the price hike of H-Acid.
In the Belgian H-Acid market, prices inclined by x.xxx and reached USD xxxx/MT (CFR-Antwerp) in March xxxx due to increased demand from the textile industry, which surpassed available inventory levels. Furthermore, ongoing farmer protests in Europe, including Belgium, disrupted the H-Acid supply chain. The farmer protests caused disruptions in the commodity&#xx;s supply chain, with road blockages hindering transportation. Recently, farmers barricaded streets around the...
