Tight supply and healthy demand provided support.
PC prices in November increased €80/mt amid good demand and tight supply, according to GC Intelligence assessments.
This is the first major price increase this year.
Polycarbonate (PC) prices have been bouncing along the bottom up until recently.
But better demand after the summer and production disruptions have provided support.
Moreover, with positive headlines regarding vaccines and a milder impact on demand from the second wave of coronavirus improved the outlook for 2021.
But some players still managed to secure price rollovers until the end of the year.
PC demand was healthy in most market segments in November, even if some players noted a slight slowdown in activity.
November was expected to be a quiet month due to seasonal trends and increases in infections across Europe.
It is possible that the current disruption could slow down demand again in December.
But for now, there is little doubt that the outlook has improved and upward pressure remains on prices.