Procurement Resource

  In the Asia Pacific region, caustic potash market faced initial decline in Q1, 2023, due to inflation and slow market recovery from COVID-19. However, demand surged towards the quarter-end, particularly from agrochemical industries. Q2, in contrast, witnessed caustic potash price decline due to oversupply, reduced demand from overseas and domestic buyers, lowered production costs, and sluggish growth in agrochemical sectors. Request for Real-Time Caustic Potash Prices: https://www.procurementresource.com/resource-center/caustic-potash-price-trends/pricerequest Europe's caustic potash prices dipped in Q1 due to inflation, weak buyer purchasing, and stagnant economy affecting agrochemical and cleaning industries. Q2 saw continued challenges with energy costs, demand, and stocks, hinting at a possible recessionary phase. North America experienced falling Q1 demand and high inventories, and Q2 was marked by similar challenges alongside economic pressure from bank failures, leading t...