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In July ****, Hydroxypropyl Cellulose prices anticipated to recover slightly from previous drop of *.** percent in June **** as rising freight costs and downstream demand supported landed values despite relatively stable upstream fundamentals. Freight rates for a **-ft container increased significantly from USD *,*** in late June to USD *,*** in early July, representing an increase of approximately **.**, which added further cost pressure to imported Hydroxypropyl Cellulose cargoes. At the same time, Gulf Coast distribution networks continued supplying downstream pharmaceutical formulators, sustaining healthy demand for Hydroxypropyl Cellulose used as a binder, film-former, stabilizer, and oral solid dosage excipient.
During June, Hydroxypropyl Cellulose CFR Houston values had moved lower as sellers competed for limited spot inquiries and buyers delayed purchases amid freight uncertainty. Early-month easing in upstream conversion costs reduced ex-works offers from Asian and European suppliers, while a mid-month spike in container freight rates prompted cautious...
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