Free Anisole pricing Trend and Forecast New York
- Location: New York, New York, NY, United States
Anisole Pricing increased across the US market during the first quarter of 2022. Major players have been heard fighting over rising inflationary pressures because of consistent upstream value escalation. The sudden onset of the Ukraine-Russia crisis during the last week of February drove up crude oil prices, causing feedstock prices, including Benzene, to skyrocket. Meanwhile, global economic recovery and increased demand from the pharmaceutical sector as a solvent weighed on Anisole pricing in the United States during Q1 2022. Anisole prices in the USA were assessed in the range between USD 4150-4280/MT in the quarter ending March. Furthermore, rising fuel prices and shipment disruptions caused by the Russia and Ukraine conflicts caused a delay in trade, affecting Anisole prices in the region.
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