The first half of 2024 was characterized by weak demand and oversupply in the European polymer market, leading to significant price fluctuations. Below is a summary of the key trends and expected changes: 📉 Weak Demand and Oversupply: The first half…
📢 Poor PVC fundamentals impact margin recovery in Europe
🔍 The European PVC market faces challenges as it attempts to stabilize amid low procurement and margin pressures. Here are the key highlights: 🔸Small price drops (€5-10/ton) due to buyer resistance.🔸Holiday-shortened months and low demand in Western Europe.🔸Comfortable supply and competitive…