The European producers reduced their Butyl Glycol prices by x.xx in the first half of June xxxx amid ample availability of supplies with moderate to low demand from buyers and importers. Butyl Glycol demand declined in the international market as Asian importers reduced purchases amidst sluggish consumption in the FMCG sector. Within the Consumer Brands division, total sales decreased marginally by x.xx to x,xxx million Euros compared to the previous year. However, organic sales, adjusted for currency effects and changes in acquisitions/divestments, increased by x.xx. Pricing remained robust, but volumes saw a negligible decline due to ongoing portfolio adjustments. Currency fluctuations negatively impacted sales by x.xx, while acquisitions and divestments further reduced sales by x.xx.
Meanwhile, Butyl Glycol purchases remained subdued due to reduced buyer stocking practices, keeping market stocks consistently available amid efficient operations at manufacturing plants. Manufacturing activities in Europe showed improvement in May xxxx,...
