The Polyolefin Elastomer price experienced a slight decrease over the last two sessions in mid-December in global markets. This decline can be primarily attributed to reduced activities from suppliers, leading to a buildup of inventories. Additionally, the overall downturn in the Crude Oil market has impacted the prices of feedstocks, particularly Olefin Monomers, and subdued demands from the downstream markets exerted downward pressure on Polyolefin Elastomer prices.
In the European market, particularly in Germany, Polyolefin Elastomer observed a x.xxx decline in prices in FD-Hamburg as of xth week in December. A challenging condition in the downstream automobile market, marked by a x.xx decrease in the German Cars Market in November xxxx with xxx,xxx new registrations, the Polyolefin Elastomer sector displayed resilience. Concurrently, there is a downturn in the construction sector. The decrease in Polyolefin Elastomer prices is notably linked to pricing dynamics in major...
