Butyraldehyde Prices continued to move lower on a monthly basis as buyers stayed cautious and avoided bulk purchases. Market activity remained quiet, with limited spot deals and weak buying interest.
Butyraldehyde demand remained weak and offered no real support for any price recovery. Key consuming sectors such as plasticizers, coatings, and paints continued to operate at reduced rates due to slowdown in the end user construction sector in Europe.
Eurozone construction activity fell sharply during the January xxxx, signaling deeper contraction, with Germany, France, and Italy all recording declines. New orders continued to fall, prompting downstream manufacturers to reduce purchasing volumes and delay restocking.
Although civil engineering activity showed marginal resilience due to public infrastructure spending, it failed to offset broader weakness in housing and commercial construction.
Europe鈥檚 factory activity continued to decline during the month, adding pressure to the chemical...
