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The Potassium Silicate Price remained dull throughout the 4th quarter of 2022, owing to falling demand from the downstream industries amidst easing production costs in the global market.
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Potassium Silicate Price Trend and Forecast The Potassium Silicate market remained dull throughout the 4th quarter of 2022, owing to falling demand from the downstream industries amidst easing production costs in the global market. The USA has been battling with high inflationary pressure, which eased down after the intervention of the federal bank. However, this ease in inflationary pressure was a result of the high-interest rate imposed by the FED, which eventually led to a fall in the economic activities of the country. Consequently, demand for the product from the downstream construction and paint industry declined, supporting this price fall in the USA. https://www.chemanalyst.com/Pricing-data/potassium-silicate-1305
Free Search Potassium Silicate Pricing Online A slowdown in economic activities due to the pandemic and recessionary fear hovering all across the globe led the price of Potassium Silicate to fall in the Asian market during this month. As per the data, Chinese Potassium Silicate prices fell by around 5.5% during this quarter and hovered around USD 1284/MT (Spot) in China during December 2022. Further, this decline also helped major importing economies like South Korea, where traders were getting cheaper cargo from an international sellers. On the other side, the Indian market performed better than other economies due to the festive season in October and November, which induced demand from the domestic market. https://www.chemanalyst.com/Pricing-data/potassium-silicate-1305
Find The Potassium Silicate Market Price Online Europe kept on struggling with the repercussion of Russo Ukrainian war, making it hard for the economy to rebound easily. As per the data, Potassium Silicate demand from the construction and detergent sector remained low and affected the price trend for the product in the market. Easing prices of natural gas also didn’t let the price of downstream commodities rise and injected some ease into the producers’ margin. However, despite being eased in the market, Natural gas prices were still hovering at a high value, and producer’s margins were under pressure. https://www.chemanalyst.com/Pricing-data/potassium-silicate-1305
The Potassium Silicate Market Remained Dull Throughout The 4th Quarter of 2022 Online The Potassium Silicate market remained dull throughout the 4th quarter of 2022, owing to falling demand from the downstream industries amidst easing production costs in the global market. The USA has been battling with high inflationary pressure, which eased down after the intervention of the federal bank. Europe kept on struggling with the repercussion of Russo Ukrainian war, making it hard for the economy to rebound easily. As per the data, Potassium Silicate demand from the construction and detergent sector remained low and affected the price trend for the product in the market. Easing prices of natural gas also didn’t let the price of downstream commodities
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