The price of Fumed Silica in the USA has finally taken a turn upward in Jan xxxx after two months of decline, driven by a potent mix of factors. January xxxx witnessed a surge in demand from the downstream construction sector, coinciding with supply disruptions caused by extreme weather conditions. This perfect storm has pushed prices higher, impacting various industries that rely on this versatile material.
After witnessing straight two months of contraction, the Fumed Silica market in the USA finally recovered during January xxxx on the back of high demand from the downstream construction sector to settle at USD xxxx/MT Fumed Silica FOB New York with a hike of x.xx during this timeframe. The construction sector in the USA experienced a welcome rebound in January, with the number of employees increasing from x,xxx,xxx to x,xxx,xxx in January xxxx. This growth reflects heightened consumer engagement and spending...
