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Cellulase Enzyme prices on the U.S West Coast remained under pressure in the first half of June ****, declining by *.*** and extending the bearish momentum already seen in May. The latest weakness in the Cellulase Enzyme market reflects a combination of persistent structural oversupply and seasonally soft downstream buying. Major capacity expansions at primary industrial fermentation facilities in Asia continued to filter additional Cellulase Enzyme volumes into the U.S West Coast, easily outpacing short-term spot requirements. At the same time, North American textile processing plants and commercial denim bio-washing facilities reduced operational rates for the mid-summer period, resulting in highly sluggish buy-side spot inquiries and weaker pricing support for Cellulase Enzyme cargoes entering Los Angeles.
In May ****, Cellulase Enzyme prices on the U.S West Coast had already eased by *.***, as incremental supply outpaced demand growth and logistical headwinds were partly absorbed by market participants....
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