In December ****, Polyol prices rose slightly by *.** in the European region as elevated energy and raw material costs continued to pressure margins, adding upward momentum to pricing despite stable output levels.
Polyol demand reflected a mixed yet stable trend in Europe this month. Furniture and bedding manufacturers continued to experience softening orders as sales of household goods plateaued, which led to low output of flexible foam. In contrast, the demand for rigid Polyols was strong as the construction and industrial projects required insulation material. The automotive sector contributed to steady consumption there, too, with car sales remaining firm and particularly strong demand for electric vehicles increasing the need for Polyols that go into seating foams, coatings, and composite components.
There was also good support from the construction sector, as rigid Polyols found further penetration in civil engineering and infrastructure work, in insulation panels...
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