In the initial half of January xxxx, the Alumino Silicate market exhibited a diverse trend across international markets. While Germany faced a downturn in prices, the Asian market, particularly in China and India, witnessed a surge in demand. These fluctuations were influenced by factors such as geopolitical tensions in the Middle East, disruptions in the supply chain in the Red Sea, and increased freight rates impacting the pricing trajectory of imported materials.
In Germany, the Alumino Silicate experienced a pessimistic market condition during the initial half of January. Prices had already depreciated by xx in December, primarily due to lackluster demand from downstream industries such as construction and glass. The economic slowdown played a significant role in suppressing demand, leading to minimal improvement in construction activity towards the end of the year. New orders declined, and residential construction witnessed a substantial decrease.
On the...
