US’s Acrylamide Prices See Slump in January 2024 Amid Tepid Demand

US’s Acrylamide Prices See Slump in January 2024 Amid Tepid Demand

Li Hua 15-Feb-2024

Texas, USA: The US Acrylamide market registered yet another slump in the first month of xxxx as weak demand from various downstream and terminal use sectors continued. The consumption rate of Acrylamide in the downstream water treatment and paper-making industries has remained low. Amid freezing weather in various parts of the USA, business operations were hampered, and numerous manufacturing plants were temporarily closed for the same reason, thereby leading to decreased procurement of chemicals such as Acrylamide. Furthermore, the downstream paper-making sector also noted a downturn this month. The American Forest & Paper Association (AF&PA) reported that in xxxx, demand for packaging paper in the US dropped by xx compared to xxxx. The xx decrease to x.xx million tons occurred alongside an anticipated x-xx year-over-year decline in actual box shipments in the US. This decline reflects the overall slowdown in demand for US packaging, which has persisted for...

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