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In May xxxx, Potassium Silicate prices continued to decline in both Asia and Europe. The main reason for this drop was low demand from important industries such as construction, paints and coatings, and cleaning chemicals. These sectors didn’t purchase much material, which kept buying activity limited. Further, inventory levels stayed high as suppliers had more stock than they could sell. Although manufacturing activity showed a slight recovery, it was not strong enough to drive up demand or ease the oversupply, keeping the market under pressure throughout the month.
Key Takeaways:
In May, Potassium Silicate prices in China...
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