As per the latest assessment by ChemAnalyst, in July xxxx, xx-Methoxy Iminostilbene prices in Germany market fell as a combination of weaker downstream demand, competitive export offers and lower logistics costs impacted the market. The decline was a result of multiple global and domestic factors, Chinese exporters were aggressively cutting their quotes to maintain market share and German buyers were more cautious in their procurement.
In July xxxx, xx-Methoxy Iminostilbene CFR Hamburg (Germany) prices were at USD xx,xxx/MT, down x.xxx month on month. The decline was driven by lower import costs, a direct result of softer freight rates and competitive offers from overseas. With no port congestion and smooth supply from Asia to Europe, German importers enjoyed lower procurement costs. This favorable supply side scenario, along with stable domestic inventory, further reduced the need for fresh buying.
July pointed to a balanced supply...
