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Texas (USA): In May xxxx, the U.S. market for Styrene Acrylonitrile experienced fluctuations, reflecting the intricate interplay of economic elements and industry dynamics. The month commenced with a continued downward price trend seen since the final week of April xxxx, with Styrene Acrylonitrile prices hovering around USD x,xxx per metric ton in the initial two weeks. This decrease was spurred by a temporary surplus and weakened demand from key sectors such as construction and automotive, which faced supply chain disruptions and changing consumer preferences.
Nevertheless, the scenario stabilized in the third and fourth weeks, with Styrene Acrylonitrile prices staying at approximately USD x,xxx per metric ton in New York, highlighting the marketx;s adaptability to consistent demand from the packaging and appliance sectors. The steady prices were influenced by an upturn in consumer expenditure and a resurgence of manufacturing activities in these industries.
The balance in Styrene...
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