Throughout the initial fortnight of April xxxx, the global x-Ethylhexanoic Acid (x-EHA) market has demonstrated a consistent upward trajectory. This trend has been attributed to elevated costs of raw materials coupled with robust demand, thereby leaving manufacturers with minimal alternatives. Consequently, OQ Chemicals, a prominent global entity specializing in oxo intermediates and derivatives, has made public its decision to implement a price adjustment for its x-EHA product across the United States. This pricing modification extends beyond the domestic market, encompassing regions worldwide. Notably, the price revision for x-EHA manifests in offered quotations, indicating an approximate increase of USD xxx/MT in North America and approximately +xxx USD per metric ton in Europe and other regions, effective as of April xst, xxxx.
The North American x-EHA market continues to experience optimistic market sentiments during the current week. Increasing price of essential raw material Propylene and Crude Oil prompted towards...
