Butyl Glycol prices continued to decline in the USA market in the month of October. The market outlook continued to be bearish since the past few months reflecting the declined market conditions for Butyl Glycol.
According to the analysts at ChemAnalyst, the prices declined by x.xx as compared to the previous month and stabilized at USD xxxx/MT FOB Hamburg Germany in the month of October. The prices were influenced by various factors including raw material cost, economic conditions, and many others. The prices were primarily driven by the demand dynamics in the market. The demand for Butyl Glycol is majorly driven from paints and coatings industry. The European paints and coatings market remained bearish. In the German market, the economic conditions failed to recover which impacted the overall demand dynamics in the market. The market remained sluggish and dull. As the demand is expected...
