Nonylphenol Ethoxylates Prices Witness Buoyancy in July 2024, European Manufacturing Challenges Persists

Nonylphenol Ethoxylates Prices Witness Buoyancy in July 2024, European Manufacturing Challenges Persists

Timothy Greene 05-Aug-2024

Hamburg, Germany: The prices of Nonylphenol Ethoxylates have demonstrated a bullish run in the European market in July xxxx. As per the market sources, the buoyancy in crude oil prices has increased the manufacturing costs of Nonylphenol Ethoxylates.  On the demand side, This increase in Nonylphenol Ethoxylates demand has not been significant. Consequently, Nonylphenol Ethoxylates manufacturing plants continue to operate below full capacity, as the demand from end-user industries like surfactants and detergents has not fully recovered. The supply of finished products remains adequate to meet market needs. Additionally, the availability of upstream ethylene oxide has been sufficient, ensuring a steady production process without major supply chain disruptions. Additionally, European economies have been impacted by high energy prices and economic instability due to the crisis in Ukraine. The situation is further exacerbated by geopolitical tensions from the conflict in Israel and a slowdown in global trade, which...

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