The Polyacrylamide market in Germany witnessed average price changes in September xxxx, due to changes in the supply – demand balance. By the end of the month, Polyacrylamide was getting traded at USD x,xxx per MT on FD – Hamburg basis, indicating a x.xx decrease from August.
Throughout the month, demand for Polyacrylamide remained stable from sectors like water treatment and enhanced oil recovery (EOR), but this was not sufficient to balance the pressure created by increased imports and a resultant oversupply. The decline in prices were also influenced by the constant availability of cheaper imports from other European suppliers, which added to the competitive pricing environment.
Reduced production costs, due to decline in natural gas and feedstock acrylamide prices, allowed Polyacrylamide manufacturers to maintain stable output levels, even as demand remained moderate. However, the oversupply situation, worsened by the underperformance of sectors...
