In early May xxxx, the price trend of Pentaerythritol showed an upward movement, registering a x.xx increase, signaling a rise driven by sustained demand outpacing supply. Availability of Pentaerythritol remained limited due to reduced trading volumes and moderate production rates in the market. Manufacturing facilities operated at optimum capacity amid a moderate supply of feedstock Formaldehyde. The cost support for Pentaerythritol increased as prices escalated in the competitive international market of North America. Additionally, European exports declined in April xxxx.
The orders for Pentaerythritol were firm from downstream industries. The inflation rate in the Euro Zone stayed constant at x.xx in April xxxx, aligning with both market expectations and preliminary estimates. Furthermore, during its April meeting, the European Central Bank kept interest rates at record-high levels for the fifth consecutive time. The refinancing operations rate remained unchanged at a xx-year high of x.xx, while the deposit facility...
