In recent months, the Expanded Polystyrene market in the Netherlands has exhibited a remarkable turnaround, navigating through a maze of supply disruptions and variable demand, only to arrive at a steady phase as of mid-April xxxx.
Earlier in the year, the market for Expanded Polystyrene was characterized by a price swell attributed to heightened trade activities and an acute buying spree from the local sectors. The tumult was further fuelled by farmers&#xx; protests across Europe, notably impacting the supply chain and delivery schedules, thereby pushing the prices of Expanded Polystyrene upwards.
As the weeks unfolded, despite the stable demand from packaging industries and a seesaw in base material costs, the price of Expanded Polystyrene exhibited resilience, with strategic production slowdowns averting potential gluts. This proactive approach by producers helped maintain a delicate balance in the market.
Mid-March saw an unanticipated increase in the demand for...
