Hydroquinone Prices Trend and Forecast
North America In the Fourth quarter of 2022, Hydroquinone witnessed fluctuating market trends in the North American region. At the commencement of Q4 2022, the prices were recorded to increase until the second month of Q4 due to a high production rate, several logistic issues, and rising inflation. The positive support from the upstream feedstock Phenol and Hydrogen Peroxide also influenced the Hydroquinone Prices . Also, the blooming transportation cost and port congestion in the major ports kept the market situation robust. Furthermore, disorganization and slowdown in the production of API, along with rising energy costs, influenced the market positively. Later in December 2022, the prices fell on the back of ease in the inflation and lowering demand from the end-user sector. At the termination of Q4, the prices accessed were USD 10850/MT CFR Houston with an average quarterly inclination of 0.53%. Asia In the Fourth quarter of 2022, the Hydroquinone market stabilized in the APAC ...