The Paraformaldehyde (PFA) market in the European nations is continuously showcasing bullishness in its trend. The persistent bullishness in the PFA market was due to a surge in trading activities amid the improved logistical conditions, steady upstream pricing, and the rising demand from the downstream agrochemical sector.
During the week ending on May xx, the PFA market in Germany witnessed a surge of xx and the prices reached USD xxxx/MT (FOB-Hamburg). However, the production cost of the commodity continued to remain stable amid the unchanged prices of the feedstock formaldehyde. The bullishness in the market sentiments of PFA was due to the enhanced navigability in the major inland waterways which boosted the trading activities within the European nation.
The positive sentiment in the market was strongly influenced by a noticeable increase in trading activity, due to a recent improvement...
