Hamburg (Germany): The Expanded Polystyrene market in Germany showed remarkable stability from April through the first week of June xxxx, driven by a prolonged equilibrium between supply and demand dynamics. Expanded Polystyrene prices remained consistent at USD x,xxx per metric ton on an FD Hamburg basis, with only minor fluctuations in early April xxxx.
April began with a xx price increase in the first week, reaching the aforementioned price level. This initial adjustment was influenced by heightened demand across various industries, impacting pricing dynamics. Increased demand from downstream sectors such as construction, packaging, and automotive, where Expanded Polystyrene is used extensively in insulation materials, protective packaging, and lightweight automotive components, drove this price hike.
However, from the second week onwards, Germany experienced a surge in demand for Expanded Polystyrene, particularly from the environmental and healthcare sectors, alongside continued demand from packaging, insulation,...
