Shanghai (China): In Qx xxxx, the Acetylene market demonstrated resilience as prices remained stable across the Indian domestic market. This steadfastness extended to exporting nations like China, where a downturn in construction activity during February tempered demand within the construction sectors. Despite the subdued market conditions in China, Indian buyers adeptly navigated negotiations to uphold price stability for Acetylene. Moreover, while there was a slight uptick in feedstock calcium carbide prices, the concurrent decline in coal prices helped maintain production costs for Acetylene, thereby contributing to its overall price stability.
The consistent demand for Acetylene within India&#xx;s downstream cutting, welding, and Metal Fabrication sectors, fueled by increased construction and automobile activities, played a pivotal role in maintaining price stability for Acetylene. Acetylene, renowned for its versatility and effectiveness in welding and cutting metal components, remains an indispensable resource in construction projects across India. As India&#xx;s manufacturing sector...
