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The North American Zirconium Silicate Price witnessed a downward price trajectory during Q3 2022, supported by low demand from the downstream industries amidst adequate inventories. As per the data, in order to cool down inflation, Fed raised the interest rate, eventually leading to a slowdown in the economic activities of the country. Thus, post these frequent revisions in rates, a significant slowdown in economic activities was observed, which also includes dullness in the construction sector<br><br>https://www.chemanalyst.com/Pricing-data/zirconium-silicate-1303
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Zirconium Silicate Price Trend and Forecast In Asia, Zirconium Silicate price heard tumbling throughout the quarter owing to stockpiled inventories and low demand from the regional market. Despite the fact that India was getting ready for its annual festivities, demand fundamentals from the construction sector remained low, and statistics show that economic output for the Indian market remained unexpectedly low during these three months. On the other side, pandemic-related disturbances have been affecting the Chinese market for a long time, and the construction sector was among the most affected sector. Thus, the Zirconium Silicate price declined in China and hovered around USD 2810/MT during September 2022. https://www.chemanalyst.com/Pricing-data/zirconium-silicate-1303
Zirconium Silicate pricing in the European market during Q3 2022 Wavering offtakes have made a negative impact on Zirconium Silicate pricing in the European market during Q3 2022. As per the data, Zirconium Silicate prices kept on tumbling throughout the quarter on the back of low demand fundamentals from the downstream construction sector amidst ample product availability in the country. Furthermore, under the influence of low demand and stable production rates, convertors in Poland were offering their cargoes at discounts in order to sustain offtakes. Thus, post witnessing a consistent decline for three months, Zirconium Silicate prices were heard hovering around USD 3230/MT in Germany during September. https://www.chemanalyst.com/Pricing-data/zirconium-silicate-1303
The North American Zirconium Silicate market The North American Zirconium Silicate market witnessed a downward price trajectory during Q3 2022, supported by low demand from the downstream industries amidst adequate inventories. As per the data, in order to cool down inflation, Fed raised the interest rate, eventually leading to a slowdown in the economic activities of the country. Thus, post these frequent revisions in rates, a significant slowdown in economic activities was observed, which also includes dullness in the construction sector. Furthermore, rising natural gas prices also remained a matter of concern for the key players, as it was affecting the costs of production and eventually pressuring their profit margins. https://www.chemanalyst.com/Pricing-data/zirconium-silicate-1303
The North American Zirconium Silicate market witnessed a downward price trajectory during Q3 2022 The North American Zirconium Silicate market witnessed a downward price trajectory during Q3 2022, supported by low demand from the downstream industries amidst adequate inventories. As per the data, in order to cool down inflation, Fed raised the interest rate In Asia, Zirconium Silicate prices heard tumbling throughout the quarter owing to stockpiled inventories and low demand from the regional market. Despite the fact that India was getting ready for its annual festivities, demand fundamentals from the construction sector remained low
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