The Global Methenamine Market Showcases Cautious Optimism

The Global Methenamine Market Showcases Cautious Optimism

Rene Swann 19-Nov-2024

The global Methenamine market showed stable to marginal increase in the prices. According to ChemAnalyst, the prices of Methenamine remained stable in the market.

In the European region, majorly focusing on Russia, the prices of Methenamine witnessed a slight increase in the first week of November. The prices stabilized at USD xxx/MT FOB Novosibirsk Russia. The increase in the prices was attributed to the increased production cost in the market. Ammonia prices surged in the market which pushed the prices of Methenamine in the market. On the demand side, the pharmaceutical industry showed steady demand for Methenamine in the market. The increase in the prices was also impacted by the current Russian market conditions. On October xxth, xxxx, the Bank of Russia&#xx;s Board of Directors decided to raise the key interest rate by xxx basis points to xx.xxx per annum. This decision was made in response...

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