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US Subtilisin Enzyme market continued to move up through the first half of November after a strong rebound in October driven by higher export values from Asia and supply chain stability. Chinese producers returned to normal operations which boosted upstream sentiment, seasonal freight and balanced inventory helped to keep the market going up. Domestic demand was strong across major downstream segments including food, brewing, detergents and personal care, all of which had healthy buying activity. Biotech and pharma applications also supported steady buying. Industry players also restocked ahead of winter which added to the market firmness and transaction flow. Overall, with global supply tight, sectoral demand strong and cross border trade confidence, Subtilisin Enzyme market will continue to move up. Market expects small increase as personal care demand is strong and supply chain players replenish inventory ahead of seasonal demand.
Subtilisin Enzyme in the US kept going up through the first half of November. It was a continuation of the strong gains seen in October, driven by better upstream conditions and steady domestic demand that kept the market spirits high. Manufacturers of Subtilisin Enzyme reported getting more orders from industrial buyers and the fact that stock levels were in balance across key distribution hubs helped keep things from getting too high. Buyers in the food processing, brewing and detergent formulation sectors kept up their purchasing schedule which gave an extra boost to the Subtilisin Enzyme price assessments. This all added up to a stable environment for US importers of Subtilisin Enzyme, who were still able to get hold of extra volumes despite facing higher costs.
In October xxxx, Subtilisin Enzyme prices in the US jumped up to USD xxxx/MT after a x.xx increase...
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