In the first half of October xxxx, the Toluene Diisocyanate market showcased pessimistic sentiments in the European region. Buyers were cautiously making Toluene Diisocyanate purchases as the Consumer Price Index (CPI) for the Euro Area rose by x.xx in September xxxx, down from x.xx in August, indicating an increase and reflecting an upward trend in consumer prices. The market players negatively revised their prices to improve offtakes as the available inventory levels were firm in the regional market.
The Toluene Diisocyanate orders were low from the buyers due to the sluggish consumption of materials in the construction sector. The construction activity declined across all monitored countries and sectors in Europe, with reduced employment and purchases. The latest construction index indicated a significant slump in eurozone construction by the end of Qx xxxx, highlighted by a steep drop in new orders since May. Simultaneously, in September, Europe&#xx;s Manufacturing...
