Texas, USA: Entering xxxx, the prices of Nonylphenol Ethoxylates have been observed to be on the lower end in the US market. Average demand from the downstream Personal Care industries has sparked Nonylphenol ethoxylates weak market concerns. Throughout the last year, successive interest rate hikes amidst inflationary pressures and the global economic slowdown have significantly weighed on the demand dynamics of key raw materials employed in the personal care sector, such as Nonylphenol ethoxylates.
The ChemAnalyst database has demonstrated that the prices of Nonylphenol ethoxylates have dropped by approximately xx-xx USD per ton on an FOB basis. Limited procurement from other industries has also played a role in keeping market sentiments bearish. Industries that use Nonylphenol ethoxylates in their manufacturing processes, such as textiles, agrochemicals, and industrial cleaning, have not shown a substantial increase in their procurement of Nonylphenol ethoxylates. This has resulted in a...
