In the German market, prices for the C ** solvent witnessed a bullish price trend during the period. This is attributed to the demand dynamics which remained up during the month and prompted the domestic market traders to continue the procurement. The demand from the downstream paints and coating industries improved, which encouraged the C** solvent prices to grow.
On the end-use industry side, the performance of the construction sector was not satisfactory while the automotive industry remained up. According to the data revealed by the Germany鈥檚 Federal Land Transport Authority (KBA), new car registration rose month on month basis in June ****, notably by *.** and reached at * units. Due to this the procurement and the offtake level from the downstream market improved. As a result, C** solvent prices rose this month notably by *.*** and reached USD ****/MT FOB Hamburg....
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