The North American market witnessed an upsurge in Polyol Price during the 1st quarter of 2022 on account of robust downstream demand and increased upstream cost. As concerns regarding dental problems are escalating in countries like the USA, so is the need for Xylitol, eventually causing high demand for Polyol. In the USA, Diabetes and Obesity are two significant problems hence the distress around diabetes and obesity propelled the offtake of Polyol in the domestic market. Furthermore, intensified Propylene Oxide prices have also contributed to the price hike of Polyol in the region. Moreover, skyrocketed crude oil prices, fuelled freight charges, labor shortage, and port congestions are several other factors that have supported the price trend of Polyol in Q1 2022.
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Overview
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Features:
- The North American market witnessed an upsurge in Polyol Price during the 1st quarter of 2022 on account of robust downstream demand and increased upstream cost.
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