In the United States market, PSF prices experienced a bearish price trend during the July Hx. Prices for PSF declined notable by x.xx and reached USD xxxx/MT CFR Texas, during the week ending on July x. Further the PSF price trend continued the steady trend in the local market.
Demand conditions were soft during the period coupled with the declining retail and online sales during the period. While the supply conditions were high during the period coupled with the cheap imports. However, there has been a notable shift in the trade partners coupled with the rising tariff related trade tensions.
The European market mirrored the same trend during July Hx. In the German market, prices for the PSF declined by x.xx and reached at USD xxxx/MT CFR Hamburg. This is mainly due to the cheap overseas import prices...
