At the beginning of the final quarter of xxxx, the Hexamethylene Diisocyanate (HDI) market continued to showcase bearish sentiments in Europe like the past couple of months and market players again reduced their quotations. Orders for HDI were low from buyers due to sluggish material consumption in the construction sector. The eurozone construction sector saw a continued decline in activity at the start of Qx xxxx, though at the slowest pace since December xxxx. This downturn was driven by a sharper fall in new orders and a broad-based contraction across housing, commercial, and civil engineering. Employment and input buying decreased, while business confidence hit its lowest level this year. Demand remained weak, especially in Germany, France, and Italy, with Germany seeing the sharpest decline. Cost pressures eased slightly, but input price inflation was still present, particularly in Germany. Despite improved supplier performance, delivery times were reduced less than...
