In the first quarter of 2023, butyric acid prices in Asia initially dropped due to sluggish demand in cosmetics and related sectors. However, post Lunar holidays, increased buyer purchasing power boosted demand and sustained prices until mid-Q2. Butyric acid procurement from pharmaceutical and food processing industries decreased towards the quarter’s end, influenced by economic depreciation. […]

In the Asia Pacific region, strong demand from automotive and related industries drove up butyl rubber prices in Q1, supported by positive market sentiment. However, Q2 saw production outpacing demand, leading to excess stockpiles and increased competition. In Europe, Q1 witnessed declining demand and oversupply negatively impacting prices, with fluctuations continuing into Q2 due to […]