Anisole Prices, Monitor, Analysis & Demand
North America Anisole prices have continued to rise in the US market throughout the fourth quarter of 2023. The latest increase in the prices was majorly attributed to limited material availability within the domestic market. The feedstock Phenol prices have increased which resulted in the high production cost of Anisole, supporting the prices to follow an uptrend in the domestic market. Although, on the demand front, the inquiries from the downstream perfume, and dyes as well as from the agrochemical industry have remained tepid amid off-season dullness it was insufficient to drive the price realizations of Anisole at the lower end in the domestic market. Additionally, the macroeconomic headwinds such as high interest rates and persistent inflationary pressure have further eroded the purchasing power of end-users. Although, demand from the Asian market has slightly improved which promoted the manufacturers to revise their export prices. In terms of domestic production, the ...
