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The U.S. market for Tartaric Acid witnessed a mixed pricing trajectory throughout May xxxx, influenced by multiple global and domestic factors. Prices remained relatively stable through mid-May, with a slight upward movement, before declining in the latter half of the month.
A key driver behind the early-May stability was advanced inventory planning by U.S. buyers. Anticipating limited exports during China’s Labor Day holidays from May x–x and the uncertainty stemming from tariffs on Chinese goods, many American importers built up their stockpiles in advance. China, being the major exporter of Tartaric Acid to the U.S., saw reduced outbound volumes during the holiday period, which limited immediate supply and kept early May prices slightly elevated. On May xx, the price of Tartaric Acid settled at USD x,xxx/MT CFR New York.
However, a notable shift occurred after May xx, when the U.S. government announced...
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