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The price of Fly Ash in Europex;s largest economy experienced a decline at the end of the first quarter of the year. This decline can be attributed to subdued demand for Fly Ash from the downstream construction sector. Several factors have contributed to this subdued demand, including weak domestic demand, high financing costs, and subdued sentiment among private households and companies. The price of Fly Ash was settled at USD xx/MT on a FOB Hamburg basis at the end of Qx.
The construction sector is a key driver of economic activity and employment, making its performance crucial for overall economic health. The subdued demand for Fly Ash, a byproduct of coal combustion used in construction materials, indicates a slowdown in construction activity. Weak demand in the construction sector can have a ripple effect on other industries, impacting overall economic growth. Despite efforts to stimulate demand through various...
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