Taurine Prices Trend and Forecast
North America North American region, primarily the United States market, the Taurine Prices plummeted during the final Quarter of 2022. With the start of the fourth quarter, the prices decreased considerably. The prices began to progressively drop from the start of the fourth quarter because fewer inquiries kept the stocks at their highest levels later in December. Also, with ease in inflation and other logistics, the prices decreased throughout Q4 2022. Additionally, fewer inquiries kept the stocks at their highest levels later in Q4 2022. Toward the end of Q4 2022, the price of Taurine was recorded at USD 3510/MT. Asia Pacific The prices of Taurine in the Asia Pacific region, majorly in China, demonstrated decelerating market situation throughout the fourth quarter of 2022. From October, the prices of Taurine declined considerably. Following November, the official manufacturing purchasing managers index (PMI) fell to 48.0 in November, slipping well below last month's reading...