Aluminium Trihydrate Market Softens in India Amid Downstream Demand Slumps

Key Highlights

• Domestic demand for Aluminium Trihydrate fell with weak automotive and construction sector activity.
• Mahindra reported a xx MoM decline in passenger vehicle sales, while Tata Motors reported a xx YoY decline in sales.  
• Downstream sector of Aluminium Trihydrate Construction activities and logistics were disrupted during the monsoon season. 
• Aluminium Trihydrate; upstream Bauxite prices increased and squeezed margins for producers. 
• Export demand for Aluminium Trihydrate continued to be steady from Saudi Arabia and Taiwan.

In August xxxx, Aluminium Trihydrate domestic consumption in India remained underwhelming, partly because of weak performances in overall downstream usage. The automotive industry, a major consumer, saw notable declines, Mahindra reported a sharp xx month-over-month drop in passenger vehicle sales, while Tata Motors registered a xx year-over-year dip. Meanwhile, construction activity was hampered by monsoon disruptions, limiting procurement to immediate needs and delaying housing projects.

The seasonal...