North America

In the North American market, the Sodium Bromide Prices observed a mixed pricing trend in the first quarter of 2023. The market sentiments for the product were in positive territory in the first month of Q1 2023 amid increased production rates and a surge in demand from the downstream oil and gas drilling industry. In the next two months of Q1, the market prices of Sodium Bromide…

North America

In North America, the Coconut Oil Prices varied in the first quarter of 2023 as a result of fluctuating market dynamism from downstream businesses, including the food and cosmetics sectors. The cost of other edible oils declined in the first half of Q1 2023 as a result of the moderate to low demand from the pharmaceutical and cosmetic industries. Food prices rose globally and in the…

North America

During the first quarter of 2023, the Soybean oil Prices in North America fluctuated due to conflicting market sentiments and erratic market dynamics. Prices dropped in the first half of Q1 as a result of the war's protracted settlement and the signing of various agreements between Russia and Ukraine. This, in turn, reduced the cost of edible oils, especially soybean oil. Because of the…

North America

During the third quarter of 2023, the Galvanized Plain Sheet prices in the US market increased, primarily due to limited inventories and the strong downstream automotive industry. After a slow start following the New Year's holiday, demand began to pick up moderately, leading to increased customer inquiries and shipments at service centers. However, buyers were hesitant to…

North America

In the first quarter of 2023, the Sodium Citrate Dihydrate market prices demonstrate an increment trend in the North American region. During the start of Q1, prices surged by around 4 percent, supported by significant surge in downstream inquiries and surge in demand from the pharmaceutical and food sectors. Additionally, after the end of New Year's festivities, market participants focused on placing fresh orders and increased the prices for remaining supplies in the…

North America

During the first quarter of 2023, the Soybean oil Prices in North America fluctuated due to conflicting market sentiments and erratic market dynamics. Prices dropped in the first half of Q1 as a result of the war's protracted settlement and the signing of various agreements between Russia and Ukraine. This, in turn, reduced the cost of edible oils, especially soybean oil. Because of the…

North America

The Magnesium Powder Prices demonstrates a mixed market trend for Magnesium Oxide hearse, a decremented trajectory for Magnesium Stearate throughout the first quarter of 2023. However, prices inclined in January due to healthy domestic demand with limited stocks among the market participants. Besides this, consumer demand showed a weaker trend even if the market trend remained on…

North America

Steel Plate prices in the North American region upsurged during the first quarter of 2023. Initially, demand picked up moderately, reflecting lower stock levels following the holiday season. Service centers reported increased customer inquiries and shipments, but few were interested in stocking up on steel products, especially with lead times not extending any further than they had. In…

North America

In the first quarter of 2023, Copper Wire prices in the US rose due to the banking meltdown's effect on inflation and interest rates. Market players observed that lower copper prices resulted in increased demand before traditionally high-demand periods, such as April and May. As the market searched for indications of a solid post-pandemic recovery, a reduction in inventory build-up…

North America

The Aluminium Wire Prices in the US market rose in the first quarter of 2023 due to increased premium costs amid financial market turmoil. Market players noted that this trend began after a series of smelter curtailments last year and was further fueled by sustained supply issues and rising demand expectations surrounding China's return to the market. Market participants claimed that…

North America

Carnitine prices in the North American region exhibited a depreciating market position throughout the first quarter of 2023. Prices decreased consistently during the quarter because of reducing raw material costs. The domestic and international markets decreased demand had a part in the unfavorable market situation. The accumulation of stocks brought on by the end-user sector's decreased…

North America

In the first quarter of 2023, Hot Rolled Coil prices in the US market surged due to the increasing prices of raw materials and the rise in hand-to-mouth trading activities. Domestic mills raised offer prices, resulting in buyers' skepticism after several rounds of mill price hikes. Even after formally raising prices by USD 450/MT between the end of November and the 21st of February,…

North America

In the first quarter of 2023, the US Aluminium Sheet Prices experienced a bearish market sentiment attributed to higher inventory levels amidst banking turmoil. This was a result of a decline in new orders, lower output, and efforts to reduce inventories. Despite improved supply chains and weaker demand keeping manufacturing price pressures in check, there was a slight increase in…

North America

During the first quarter of 2023, Steel Wire Rod prices in the US market experienced an upward trend as major players raised feedstock prices amidst soaring scrap costs. After a sluggish start, demand picked up moderately, reflecting lower inventory levels following the holiday season. Downstream demand for domestic Steel Wire Rods remained strong, but producers did not raise prices…

North America

North American market kept on battling with domestic issues like the banking crisis, high inflation rate, slow economic activities etc., leading to frequent fluctuations in demand for several commodities, including Glutaraldehyde Prices. As per the data, feedstock formaldehyde prices fluctuated throughout the quarter, compelling prices of downstream derivatives, including…

North America

In the first quarter of 2023, Vitamin B1 Prices continued to decline as a result of the long-drawn-out turmoil in the U.S. domestic market, with CFR Los Angeles from January to March. Due to a halt in imports from China during the first week of January due to the Lunar New Year, several domestic retailers had to raise their price quotes to keep up with the ongoing demand. The…

North America

The Dipotassium EDTA Prices CFR in New York decreased from January to March 2023 as a result of the prolonged market volatility in the USA. Dipotassium EDTA imports from China were capped during the first week of January due to the country's Golden Week. Domestic providers were able to meet the total demand thanks to their large stocks, and offtakes in the end-user industries were…

North America

Stainless Steel prices in the US market remained stable in Q1 2023 due to steady demand from the construction industry, despite the financial turmoil in the US banking industry. Mill margins were under pressure due to rising input costs and the use of more scrap in furnaces. Stainless steel inventories were slow to deplete despite a significant drop in imports, and cautious buyers…