Chemanalyst03 Oct, 2023Business
During the second quarter of 2023, the North American Sodium Metasilicate Pentahydrate market experienced fluctuations. Uncertain market outlook and fluctuating feedstock prices influenced these changes. Demand for various commodities in the US market was constantly changing due to unclear crude futures and rising interest rates. While supplies remained stable, there were minor availability hiccups during the mid-quarter that temporarily affected prices. Rising production costs contributed to an increasing price trend in May, which later eased in June 2023.
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