In the week leading to November 29th, VAE Redispersible Powder prices showed high volatility, dropping to about USD 1230/ton FOB Shanghai and Kaohsiung. This decline was due to fluctuations in feedstock prices and steady demand, particularly in the construction sector. Chinese and Taiwanese exporters cited low big-ticket sales and few buyer complaints as reasons for the price movement. Despite the fluctuations, consumption in construction and other industries remained steady. The current demand trends are expected to continue at similar levels.
In the second and third quarters, VAE Redispersible Powder prices followed a slight downward trend. The prices experienced modest fluctuations, reflecting a stable yet slightly declining market due to factors like feedstock prices and steady demand from the construction sector. The market showed a balanced supply and demand dynamic, leading to these subtle price adjustments during Q2 and Q3.
In the first quarter, VAE Redispersible Powder prices were around USD 1450 per ton. This price level reflected stable market conditions at the time, with steady demand from end-user industries, particularly in construction. The price was influenced by factors such as feedstock availability and the overall market balance between supply and demand.