PC prices post decreases in June versus May regardless of cost pressures, according to the latest assessments by GC Intelligence.
Polycarbonate (PC) buyers up until recently have experienced a prolonged period of price increases, taking values substantially above €3,000/mt.
However, during the past few weeks, better availability, because of persistent slowdowns in demand allowed buyers to negotiate decreases.
Supply chain issues disruptiong production downstream and inflationary pressures were the main drivers.
In addition, the slowdown in China because of the lockdowns increased import efforts to Europe, adding more pressure.
But a weaker Euro against the US dollar and ongong logistic problems limited the impact imports were having in Europe.
However, after recent rebounds in gas prices, suppliers will most certainly resist further decreases. But as seen in other markets, sharp falls in demand will lead to lower prices regardless of costs.