Demand for PA 6 for packaging applications was at a significantly reduced level in November.
Usually the end of the year is a weak time for the market, but things were worse than in previous years, according to market participants. In addition, demand was at a very high level at the beginning and middle of 2022, so that the decline was now more palpable. One of the reasons for the low demand was probably the full stocks along the supply chain, which were currently being reduced.
Producers continued to report weak demand from sectors such as automotive or construction. The packaging segment was doing comparatively well because the basic business was still running. However, the effects of inflation and depressed consumer sentiment were also being felt here.
⇒ This is an excerpt from EUWID's report on the German PA 6 for packaging market. The complete article will be published in EUWID Packaging Markets 24/2022