Naphthalene market continued to show remarkable resilience in the last week of November xxxx. The last week of November witnessed stable market prices for Naphthalene in the market. The prices of Naphthalene remained stable amid various factors including but not limited to raw material cost, production cost, demand and supply dynamics, geopolitical conflicts and so on. The prices showed stable trend in the month of November.
The stability in the price trend was observed due to various reasons. The major driving reason was efficient inventory management. The supply and demand levels remained consistent and therefore the stable prices in the market were observed. The prices stood at USD xxxx/ CFR Houston USA. The major exporting countries of Naphthalene also showed stable price trend in the market. In the feedstock market, the prices of Coal are anticipated to witness a slight bullish trend owing to greater...
