Aluminosilicate Prices, Pricing, Demand & Supply
North America The North American Aluminosilicate market experienced fluctuations in the fourth quarter of 2023 as the prices initially decreased, rebounded in November, but ultimately declined again by the end of the quarter. Several factors affected the market and prices during this period. Firstly, the market experienced a slight decline in prices due to reduced demand from the domestic market. This was influenced by economic uncertainty and weak client demand, leading to destocking activities by merchants. Secondly, there was ample supply in the market, which met the domestic requirements without disruptions from the supply chain. Lastly, the US non-manufacturing PMI indicated an improvement in the construction sector, leading to increased demand for Aluminosilicate. However, the overall demand remained moderate, and declined as the year concluded. There were no reported plant shutdowns during this period. Focusing on the US market, which experienced the highest impact on pric...