Beta Naphthol Prices | Demand, Pricing & Supply Analysis | ChemAnalyst

Chemanalyst21 Sep, 2023Business

In the North American region, the trend observed in the Beta Naphthol market displayed an upward trajectory in the initial month of the second quarter of 2023, followed by a consistent downturn in the subsequent months. The product experienced an ongoing surge in demand during April, which consequently triggered an increase in prices. The price escalation can be attributed to a temporary supply shortage, which presented a decisive factor in the market dynamics. However, in the following month, local market prices began to exhibit a downward trend. As May unfolded, the price of beta-naphthol in North American markets experienced a decline.