Cologne, Germany: During February xxxx, Phthalic Anhydride witnessed an incline in its price trend in the North American and European regions, due to the disruption in the supply and demand equilibrium. The demand for Phthalic Anhydride from the downstream Plasticizers and Polyester resin enterprises increased but the inventory levels were insufficient to fulfill this rising demand. Therefore, the production rate was enhanced by the producers, and market players decided to increase their raise their quotations among the significant manufacturing units so that the gap between the supply and demand of Phthalic Anhydride could be fulfilled and the equilibrium could be maintained.
In the German Phthalic Anhydride market, the prices showcased an incline of x.xxx and reached USD xxxx/MT (FCA-Cologne), during the end of February xxxx. The prices experienced an incline as the demand for Phthalic Anhydride from the downstream Plasticizers and Polyester resin enterprises was not fulfilled...
