Several factors contribute to the price volatility of raw materials in catalysis:
Supply and Demand: Fluctuations in the availability of raw materials and changes in global demand can significantly impact prices. Geopolitical Events: Political instability, trade restrictions, and tariffs can disrupt supply chains and lead to price spikes. Natural Disasters: Events such as earthquakes, floods, and hurricanes can affect the production and transportation of raw materials. Market Speculation: Investor behavior and speculation can drive prices up or down, adding to volatility.