Chemical Price | Prices | Pricing | Monitoring | ChemAnalyst

For the Quarter Ending September 2023 North America In the third quarter of 2023, the US spot market witnessed a substantial downturn in  Ulexite prices . Persistent inflationary pressures subdued local demand, exacerbated by a slowdown in the construction industry due to disruptions caused by monsoons. Concurrently, a struggling housing sector amidst an economic downturn prompted a government-led interest rate hike. This economic backdrop led to a cautious approach from the paint industry, resulting in reduced orders. Downstream sectors such as paint and coating experienced diminished demand. The oil, gas, and paint sectors collectively contributed to a notable decline in Ulexite prices in August. However, market expectations leaned towards a potential recovery in prices during the last quarter, driven by anticipated growth in the electric vehicle and construction sectors. Throughout September, Ulexite prices remained steady as the glass industry exhibited a sluggish construction ...