In August xxxx, the Expanded Polystyrene (EPS) market in Germany experienced significant volatility, reflecting both global economic conditions and regional supply-demand dynamics. The market faced downward pressure in August due to reduced demand and average performance in key sectors.
The monthly price of Expanded Polystyrene on FD basis in Hamburg dropped significantly, reaching USD x,xxx per ton in August, which marked a sharp x.xx decline from the previous month of July. In July, prices had closed at USD x,xxx per ton, highlighting a deteriorating trend. The weekly price movement further emphasized this downtrend, with prices falling to USD x,xxx per ton by mid-August, a x.xxx decrease compared to the start of the month.
This steep decline in Expanded Polystyrene prices was primarily driven by reducing demand from key industries such as construction and packaging. The construction sector, a major consumer of Expanded Polystyrene, was particularly affected...
