The German Phosphonate prices have maintained stability in the first half of August, largely due to the ongoing summer holidays in the domestic and other European countries, which have led to eased industrial activities. Many manufacturing facilities across Europe, including those in the chemical industry, have scaled down operations. As a result, Phosphonate production levels decreased, particularly in sectors that are less critical or where demand is seasonally lower.
Currently, Germany is experiencing the summer season. Higher temperatures lead to increased water usage, particularly in cooling towers, HVAC systems, and irrigation, driving up the need for Phosphonate chemicals to prevent scale, corrosion, and microbial growth. However, procurement for newer supplies has decreased significantly. Also, in the downstream detergents manufacturing sector, steady Phosphonate usage continues though, the peak demand has begun to taper off slightly. Additionally, warmer weather allows for full-scale drilling and exploration activities, driving...
