Global Fluoroelastomer price witnessed stability in mid-April amid stagnant market demand

Global Fluoroelastomer price witnessed stability in mid-April amid stagnant market demand

Peter Schmidt 24-Apr-2024

In the global market the price of the Fluoroelastomer witnessed a stable trend as of xrd week of April.  This stability in the Fluoroelastomer price is majorly attributed to no aggressing biddings from the market participants in the inventories accumulation of destocking resulted into consolidated price trend from the past few sessions. During the same period, the automotive and aircraft manufacturing sectors experienced an uptick in demand, contrasting with the lackluster performance seen in other manufacturing sectors, as the European economy continued to struggle. These factors have significantly played a key role in influencing the overall pricing dynamics of the Fluoroelastomer in the respective market.

In the European market, the price of Fluoroelastomer has remained stable at xxxxx USD/MT FD-Hamburg MV-xx as of xrd week of April. Economic performance in France and Germany lags behind, while the UK is moderately successful. Conversely, Spain and Italy show...

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