The Polyol market has been showcasing bearish sentiments for the past few weeks in the North American region, attributed to the sluggish consumption in the downstream Polyurethane sector. The Polyol orders were moderately low from the buyers due to decreased consumption from the downstream segment. Polyol is a key component used in producing Polyurethane (PU) materials. The Polyurethane sector experienced sluggish demand in the furniture industry in October due to the availability of excess stock influenced by a x.xx decrease in spending at furniture stores in September xxxx, driven by rising furniture prices. Simultaneously, Polyurethane consumption rates were stable to produce adhesives, pipes, and coatings in the construction sector, supported by the availability of existing stock. According to the U.S. Bureau of Labor Statistics, the Producer Price Index (PPI) for adhesives and sealants remained unchanged in October xxxx compared to the previous month. Additionally, the Consumer Price Index...
