Benzoyl Chloride Prices, Monitor, Analysis & Demand

North America In Q4FY23, benzoyl chloride prices in the USA exhibited a mixed trend, remaining stable in October with moderate demand and steady feedstock benzene. The stability was influenced by factors such as a moderately positive demand outlook. November and December witnessed a drop in prices in the USA market, attributed to low feedstock benzene and weakened demand. The Israel-Palestine conflict's initial impact on oil prices reversed, with limited effects on USA economies. December saw further price declines due to sluggish demand despite excess benzene supply. Despite anticipated low demand and concerns about geopolitical tensions rerouting oil tankers, some remain optimistic about improvements in 2024, suggesting a potential positive shift in the macroeconomic landscape. The overall outlook, however, remains negative, reflecting the intricate interplay of economic factors, geopolitical events, and market dynamics shaping benzoyl chloride prices in the USA mark...