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The US SAP market witnessed a sharp correction in June **** as ample import availability, declining feedstock costs, and subdued spot buying pushed prices lower. The SAP market faced increasing supply pressure as exporters from China, South Korea, and Japan increased shipments toward the US Gulf Coast. Higher availability of imported material created competitive pricing conditions among suppliers, while weaker acrylamide and Acrylic Acid costs supported lower export offers. Although container freight rates on Asia–US routes increased during the month, the impact was insufficient to offset declining origin prices.
The SAP Price Index showed a bearish movement during the period as converters adopted a cautious procurement approach. Seasonal retail demand patterns limited fresh purchasing activity, while comfortable import arrivals and stable domestic production reduced urgency among buyers. The SAP Spot Price moved from $*,***.**/MT at the beginning of June to $*,***.**/MT by early July,...
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