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Demand-Side Developments
U.S. petroleum resin demand was subdued in August, dampened by weakness primarily in construction. The sector shed *,*** jobs, of which non-residential shed *,*** jobs, exhibiting poor project completion. These losses directly reduce Petroleum resin application in adhesives, paints and coatings, all linked directly to construction activity.
Overall economic caution, linked to tariff uncertainty and weak business sentiment, imposed further pull. Conversely, the automotive industry reported improved...
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