Prices of Cellulose Ether (HEC) have increased by around xx in the month of January xxxx across the US market. The prime reason for this increment is largely attributed to increasing prices of feedstock Propylene Oxide (which also appreciated by approximately xx, increasing the production costs of Cellulose Ether) and healthy demand from the downstream industries.
In terms of demand, the demand from the downstream construction industry was recorded to healthy from the Mexican market. The high demand of Cellulose Ether was mostly attributed to increasing investments in construction projects which appreciated by xxx in the first ten months of xxxx. The GFCF (Gross Fixed Capital Formation) of Mexico was reported to have increased by xx.xx, according to INEGI, Mexico in as investment sentiments in construction project, machinery and equipment continue to lay in the positive territory. Investments in residential construction also increased by x.xx in Mexico,...
