During the second quarter of 2021, Nitro Toluene Price supplies in the Asia Pacific region were largely under the pressure of raw material shortage. The Chinese government-imposed consumption taxes on imported heavy aromatics commodities in June, further adding to the inflationary raw material rates. The production levels remained high, and plants were operating at around 90% of the capacity in June due to high demand. The Indian inventory levels were less with suppliers largely impacted because of renewed restrictions on the Asian ports and soaring freight. Shortage of Nitric Acid further es
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