In April xxxx, propylene glycol prices in Germany recorded a modest increase. This slight increase was formed by a complex combination of domestic strength, trends of seasonal propylene glycol demand and wider economic uncertainty that maintained cautious sentiment of the market and limited profits.
In Germany, consumer sentiment showed signs of improvement in April, with positive trends from March influencing sentiment as consumers were much more willing to buy products which shows that there are signs of a rebound in domestic demand. Although economic expectations only improved a little, this indicated that while consumers were confident, there was still some caution due to ongoing uncertainty from the global economy. This improvement in sentiment continued to be supportive of relatively consistent demand for propylene glycol in downstream use.
The steady and reliable demand from the food and pharmaceutical sectors was a...
