Throughout the second quarter, the prices in the North American region experienced a continuous decline, primarily due to weak demand from downstream industries such as agriculture, pharmaceuticals, dyes, paints, and resins.
In the United States, Methionine prices experienced a decline of 16.57% for food-grade and 0.83% for feed-grade variants from April onwards, signaling a persistent weakness throughout the second quarter.
In the United States, the prices of Biotin demonstrated a mixed trend in the second quarter. The prices increased by 4.59% in April due to heavy orders from end-user industries and a lack of supply of Biotin in the US market. T
Steel Rebar prices exhibited a mixed trend in the second quarter within the US spot market, influenced by a declining economy and reduced construction activity that exerted downward pressure on prices.
During the second quarter of 2023, Magnesium Sulphate prices in North America experienced a bearish trend. Initially, the strengthening of the US dollar led to a decrease in the import prices of MgSO4.
In June 2023, the US spot market for Galvanized Plain Sheet witnessed an overall price decline, primarily driven by the deteriorating economic conditions within the country and an increase in inventory levels.