Acturial Data Science
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North American market kept on battling with domestic issues like the banking crisis, high inflation rate, slow economic activities etc., leading to frequent fluctuations in demand for several commodities, including Glutaraldehyde Prices. As per the data, feedstock formaldehyde prices fluctuated throughout the quarter, compelling prices of downstream derivatives, including Glutaraldehyde. As Glutaraldehyde has a wide number of applications in multiple industries, it is hard to predict the overall demand dynamics of the product, as it varies month over month and industry over the industry. However, the FED's frequent price revisions for domestic interest rates were also contributing to economic worries and impacting demand for the product.
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