Firm Demand and Price Pressures Drive Sodium Bromide Market in Europe Amid Economic Recovery

Firm Demand and Price Pressures Drive Sodium Bromide Market in Europe Amid Economic Recovery

Timothy Greene 08-Jul-2024

Barcelona, Spain: The Sodium Bromide prices in Spain rebounded in June xxxx owing to higher raw material prices and improvement in consumer demand. Inquiries for Sodium Bromide from downstream industries in Germany, a key importer, have increased due to low material availability in the consumer market, boosting demand. Rising natural gas prices have also led manufacturers to raise their prices. European markets have shown slight improvement this month, driven by restocking ahead of the summer vacations, thereby benefitting the Sodium Bromide market.

Additionally, the overall chemical business climate seems more stable. Managers&#xx; views on order books have improved slightly, though they still indicate limited demand. While uncertainty about the future business situation has decreased in retail trade and services, it has remained steady in industry and construction. For June xxxx, the prices of Sodium Bromide FD Barcelona were assessed at USD xxxx/MT.

Moreover, after significant declines...

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