The US succinic acid market weakened considerably during June **** as abundant import availability, comfortable inventories, and subdued downstream demand placed sustained pressure on prices. Succinic acid CFR Texas declined by *.*** over the month as competitive import offers from Asia and Europe encouraged buyers to delay purchases and negotiate lower landed prices. While supply remained uninterrupted throughout June, increasingly cautious procurement across biodegradable polymer applications prevented the market from absorbing available volumes, resulting in the year&#**;s sharpest monthly correction.
Demand for succinic acid softened primarily across biodegradable polymer and BDO-related applications. Polybutylene succinate (PBS) manufacturers reduced succinic acid purchases after building inventories earlier in the quarter, while producers of *,*-butanediol derivatives also limited spot procurement amid weaker intermediate demand. Packaging film and biodegradable packaging manufacturers adopted conservative buying strategies as regulatory uncertainty and softer order books reduced production requirements. In contrast, coatings, personal...
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