Polycarbonate (PC) extrusion prices roll over in the European Union in March, according to the latest GC Intelligence price assessments.
Extrusion grade polycarbonate (PC) prices have rolled over, indicating a stabilization in the European market.
This shift can be attributed to a slight pickup in demand and producers lowering production.
However, potential supply disruptions due to Force Majeure at a major production site in Germany raise concerns.
Price forecasts suggest extrusion prices will likely fluctuate around the bottom.
Ongoing headwinds such as slow economic growth, inflation, and rising interest rates will continue to pressure demand and prices, particularly in the first half of the year.
March’s sluggish demand is attributed to inflationary pressure and slow economic growth, dampening investment and spending.
The PC market is expected to experience sluggish demand at least during the first half of the year.
Although the market is currently well-supplied, concerns about potential disruptions and shortages are increasing due to reduced operating rates.
A mild rebound in demand could quickly tighten the market, exacerbating supply concerns.