In September 2024, the global Aluminosilicate market saw a significant decline in prices across Europe and Asia. In Asia, the downturn in the Aluminosilicate market was primarily due to reduced demand from downstream industries such as ceramics, glass, and construction, which faced a slowdown in key markets. In Europe, prices fell as cheaper imported materials flooded the market, coupled with weak consumption levels in these sectors. The situation was further aggravated by supply chain issues along major trade routes, ongoing geopolitical conflicts, and port congestion, leading to logistical delays and heightened uncertainty.

The Aluminosilicate market in Europe saw a significant price drop, mainly due to reduced demand from the construction sector. This decline has been intensified by the availability of cheaper imports from other European regions and Asian countries, supported by lower shipping costs from Asia to Europe. The construction sector in the Eurozone continues to struggle, with September showing a continued drop in housing construction, which has negatively impacted the demand for Aluminosilicate. Housing construction has decreased at an unprecedented rate, while commercial projects have also slowed, resulting in the sharpest decline in overall construction activity since January. Construction firms remain pessimistic, with confidence hitting its lowest level in two years. In Spain, cement demand fell by 1.4% between January and August 2024 compared to the same period in 2023, further affecting Aluminosilicate use. Moreover, ongoing strikes on the East Coast could lead to capacity issues and a shortage of empty containers in Europe, while severe congestion on the West Coast may disrupt equipment availability at Asian ports. These logistical challenges could affect intra-Asia and Asia-Europe trade, potentially influencing the costs of imported materials, including Aluminosilicate. Consequently, the price of Chinese Aluminosilicate FD Hamburg dropped by 4.3%, while German Aluminosilicate FD Hamburg saw a 3% decline during the month.

The Asian Aluminosilicate market has also faced a downturn, mainly due to reduced demand from the construction sector, especially in major markets such as China and India. This drop in demand was further aggravated by Typhoon Bebinca, which caused severe flooding and disrupted logistics during the Mid-Autumn Festival, complicating transportation efforts and intensifying the existing weak demand. These difficulties have led to considerable uncertainty for market participants, who are navigating an environment marked by oversupply, low demand, and logistical issues, all contributing to declining Aluminosilicate prices.

As per ChemAnalyst, the Aluminosilicate market in Europe is expected to remain under pressure through the year-end, mainly due to consistently weak demand from downstream industries. The region is still facing economic difficulties that could negatively affect consumer confidence and spending patterns. Furthermore, continued geopolitical conflicts and disruptions in the Middle East may significantly influence global market dynamics, adding to the uncertainty surrounding Aluminosilicate prices and supply stability.