Karlsruhe (Germany)- The Acetone prices in the European market witnessed a drop due to weakened demand from end-use manufacturing units. A significant decrease in new business led to further job cuts and budget constraints, evident in reduced subcontractor usage and fewer purchases of Acetone raw materials and inputs. By the week ending April xxth, xxxx, Acetone prices in Europe stood at USD xxxx per metric ton, including delivery to Karlsruhe, with a weekly change of x.xx.
In Europe, there has been a decline in the issuance of building permits, coupled with persistently high building costs, indicating a challenging year ahead for the construction industry. However, there is a resurgence in the prices of existing homes, which might stimulate the sales of new constructions as the peak demand season likely to improve consumption rates.
Acetone, a key ketone in commercial use, finds application in various fields...
