Pyridine Pricing Trend and Forecast - Noida

Pyridine Pricing have witnessed a mixed sentiment in the USA market during the fourth quarter of 2022. During the first month, prices have gained upward momentum due to the limited inventory level and bullish demand from the downstream agrochemical and other competitive industries. Meanwhile, high inflationary pressure and volatile energy prices have the other factor for the price increase. However, during the last two months of the quarter, Pyridine prices dropped due to inactive inquiries from the domestic market. In addition, production rates remained weak due to stable consumption rates in the domestic market. The cost of production remained stable as energy prices dropped. Meanwhile, cheap imports from the Asian market amid a decline in freight charges have weighed down the prices of Pyridine. In addition, bearish demand, along with sufficient material availability, forces the manufacturers to revise their price quotations.

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