In the first half of February xxxx, the Toluene Diisocyanate price trend remained firm in the Europe region. The producers increased their quotations by almost xx amid moderate offtakes and stressed the availability of supplies due to affected production rates and consistent offtakes from the end-user Polyurethane segment.
As per the sources, at the beginning of xxxx, the Eurozone&#xx;s manufacturing Purchasing Manager&#xx;s Index indicated some improvement and rose marginally due to an increase in new orders, indicating a slowdown in the contraction of the manufacturing sector activities but remained below xx amid a decline in output rates. The construction sector saw a rise in outlook due to hopes of rate cuts. Simultaneously, the automotive sector saw a new BYD store opening in Berlin as the orders for electric vehicles escalated after Tesla and BYD reduced their prices during the last month. Consequently, the demand for...
