The persistent decline in the price of Polycarbonate observed in recent weeks can be primarily attributed to subdued demand originating from downstream sectors, particularly the construction and automotive industries, as the fourth quarter of the year comes to an end. The weakened underlying demand for Polycarbonate becomes apparent through sustained downturns in both the inflow of new business and the accumulation of backlogs of work.

Despite this softening, the influence of weaker demand from overseas remains a significant impediment for both the construction and automotive sectors. The broader economic landscape is shaped by a continuous struggle to regain momentum, reflecting the challenges posed by global economic conditions and external factors affecting the eurozone's economic performance. The ongoing decline in Polycarbonate prices is emblematic of the intricate interplay between domestic and international demand dynamics, making it essential for businesses and industries to navigate these complexities for sustained growth and stability.

The Purchasing Managers' Index (PMI) for December 2023 seems to having an improvement compared to the previous month, indicating a marginal increase in economic activity. However, this occurred in the backdrop of persisting challenges. Customer reluctance, geopolitical uncertainty, and higher interest rates continued to impact overall demand, creating a complex economic landscape. The short-term outlook for Polycarbonate suggests a trend leaning towards stability or a potential decline as the year approaches its end.

Due to the prevailing very weak demand and increased imports for Polycarbonate, most manufacturers have managed to retain their market shares in the first half of December 2023. This retention has been achieved largely through the implementation of price reductions. The challenging market conditions, characterized by reduced demand and heightened competition from additional imports of Polycarbonate, have compelled manufacturers to adopt pricing strategies aimed at sustaining their market positions.

Furthermore, the reference to the early start of the Christmas holiday implies that manufacturers are strategically utilizing this period for maintenance shutdowns. This indicates that, in light of subdued market activity and possibly lower production demands during the holiday season, manufacturers are taking the opportunity to perform necessary maintenance activities.

The projection indicates an anticipated decline in the price of Polycarbonate during the latter half of December 2023. This expectation may be influenced by factors such as market trends, supply, and demand dynamics, and possibly a response to prevailing economic conditions. Concurrently, there is an optimistic outlook for the demand of Polycarbonate at the beginning of the upcoming year. The forecasts suggest a dynamic scenario in which pricing trends and demand patterns for Polycarbonate are expected to evolve in the coming weeks and months.