Hamburg, Germany: In the latter half of July, the Ethylene Vinyl Acetate prices have stabilized in the European market as weak demand and moderate supplies have been offsetting the prices. Decreased demand for Ethylene Vinyl Acetate from the downstream solar encapsulation sector is attributed to oversupply in the major markets and the influx of cheaper Chinese counterparts. European demand for solar modules has also dwindled, along with installation rates and prices, according to data.
In the downstream footwear, recently, Nike&#xx;s stock has plummeted following a forecast predicting an unexpected drop in annual sales, intensifying investor concerns about the sportswear giant&#xx;s struggle to counter market share losses to emerging brands. The stock experienced its worst day ever, plunging xxx and erasing USD xx.xx billion from the company’s market valuation. Nike projected a mid-single-digit percentage decline in fiscal xxxx revenue, contrary to analysts’...
