The Polyol price has gradually surged in the European region in the past few weeks as the production rates were affected by high energy costs and weak availability of feedstock supplies due to high risks of supply chain disruptions amid the ongoing tensions in the Middle East after a missile attacked an oil tanker on the coast of Yemen, which increased the ship traffic on the other routes. It raised the cost support on the production costs of Polyol. Simultaneously, supply rates were affected by supply chain disruption and increased ship traffic at ship routes due to attacks on the vessel and Oil tankers passing through the Red Sea in the Middle Eastern region.
According to ChemAnalyst data sources, the Polyol price Polyether MW xxxx, μ xxx-xxx FOB Hamburg in Germany witnessed USD xxxx/MT at the end of the week concluded on xth February xxxx.
