Hamburg, Germany: Throughout the year xxxx, the prices of Ethoxylates have remained under pressure in the European market. The European Ethoxylates industry continues to face considerable challenges due to the outcomes of Russia&#xx;s war against Ukraine. This, coupled with diminished demand, escalating energy prices, increasing interest rates, and inflation, persistently impacts the sector. The EUxx chemical industry experienced a significant decline in production, with a xx.xx drop reported from January to September xxxx, marking the third-largest decrease. Additionally, capacity utilization in the EUxx chemical industry declined to xx.xx in the Qx of xxxx.
Amid a sustained downturn in demand from the downstream Personal Care industries, the prices of Ethoxylates have been consistently declining for the past few weeks. The ChemAnalyst database has shown that the prices of Ethoxylates have plummeted by USD xx per ton in the week ending xth January xxxx. The year-end holidays...
