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Benzoic acid CFR New York firmed through January as front-loaded buying and tight spot availability supported higher offers. Early January arrivals from the Netherlands and China and softer ocean freight helped ease logistics, but sellers pressed offers higher through mid-month as Benzoic acid exporters limited cargo allocations amid upstream maintenance. By late January most parcels were pre-sold and terminal inventories looked lean, so distributors and converters moved to build safety stocks ahead of spring production runs. Overall, Benzoic acid buying behaviours tied to seasonal restocking in food-grade preservative blending and steady demand from coatings and phthalate-free plasticizer makers underpinned the firm tone into month-end.
Demand was led by the food & beverage preservative sector and coatings/resins, which remained strong and kept prompt-offtake elevated. Per ChemAnalyst data, the Benzoic acid CFR New York average in January was $***/MT, up *.*** (USD **) from December’s $***/MT....
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