In the first half of August xxxx, Polyol prices witnessed a decrease of x.xx due to a decline in demand for end-use Polyurethane materials in the construction sector in the European region. The orders for Polyol to produce polyurethane materials remained sluggish from the downstream construction sector. In July, the eurozone construction sector remained in contraction as activity dropped significantly. The pace of decline quickened to its fastest rate in six months, primarily due to substantial reductions in housing activity, which was the weakest segment. Weak demand led to a sharp drop in new business, increasing job losses, and reduced input purchasing and subcontractor use. Despite this, cost burdens rose only modestly. The Eurozone Construction Purchasing Manager鈥檚 Total Activity Index fell in July from the previous month, reflecting a steep decline in total output. The downturn was widespread across the eurozone, with France experiencing the most significant...
