The German commodity plastics market

In spite of rather reticent demand for September producers of standard commodity plastics have managed to push through further price hikes which outstripped the mark-ups for upstream products. According to EUWID respondents, the high quotes scared off converters who ultimately only ordered the essentials – their stocks appeared to be more than sufficient anyway – on the other hand their own order levels were not exactly impressive either. The necessary volumes were readily available, said market experts.