In September xxxx, the Polyolefin Plastomer market in Germany encountered a period of reducing demand, indicating the broader challenges in the country’s manufacturing sector. The market experienced a downturn, which was because of the drop in new orders and output levels. This decline was noticeable in the automotive industry, a significant consumer of Polyolefin Plastomers, as the sector struggled with diminished demand both domestically and in export markets.
The average price of Polyolefin Plastomer for the month was USD x,xxx per MT on FD – Hamburg basis, slightly lower than the price in the previous month. This moderate price drop was a direct result of subdued purchasing activities by manufacturers, who were cautious about stock management. With moderate demand and efforts to reduce existing inventories, Polyolefin Plastomer producers found themselves having to decrease prices to stay competitive. However, despite these challenges, there are signs that the market...
