In the concluding month of xxxx, the producers decreased the Isobutylene quotations marginally by x.xx amid improved availability of stocks and a decline in offtakes from the buyers. Market sources indicated that the USA manufacturing sector Purchasing Manager&#xx;s Index decreased again in December xxxx and remained below xx points amidst a deacceleration in new orders from the buyers and a consequent decline in the industrial production rates. The supply rates were stable in the regional market. Furthermore, the heavy rainfall in the region increased the water levels of the Panama Canal and shipping activities. Consequently, Isobutylene inventory levels rose in the domestic market amid a decline in purchasing activities from the market. At the same time, the orders for Isobutylene were sluggish from the MTBE producers throughout the month due to depressed demand and reduced trading activities in the country.
Meanwhile, the Isobutylene market sentiments...
