With few exceptions, the majority of suppliers interviewed by EUWID in the market for standard commodity plastics reported a noticeable drop in demand in April. Some converters who had stocked up in the course of the past weeks and could afford to do so have reportedly suspended or reduced orders to a minimum.
In view of the "record-breaking" price levels, interest had generally waned, but not in the packaging segment. Demand from the food, pet food, medical and pharmaceutical industries remained high last month....