The Glycol Ether price trend remained stable during the week, and quotations remained unchanged by producers. The Glycol Ether supplies were sufficient to cater to the market demand, and the offtakes remained moderate from regional and international buyers. The consistent demand for Glycol Ether from cosmetics and personal care product manufacturers led to increased market offtakes. In contrast, the uptake of Glycol Ether by paint manufacturers remained slow. At the same time, the annual inflation of the Euro area is expected to be x.xx in June xxxx, down from x.xx in May. The demand for Glycol Ether fell from paint manufacturers due to reduced consumption of paints from the construction sector. The downturn in the construction sector was prominent as the housing market prices fell by x.xx year-on-year. Major cities saw the steepest declines, with single and two-family homes dropping by x.xx and apartments by x.xx. Statistics...
