PIE - Polymer Price Reports

Engineering thermoplastics August 2023

Prices still under pressure due to weak demand, cheap imports / Improved ordering from automotive to not change things significantly / Only PC likely to escape further price reductions in September

The August 2023 price trend in Europe with engineering thermoplastics was again very consistent – namely downwards. As in the previous months, prices came under pressure because of the weak demand and the influx of inexpensive imports from Asia. Although order call-offs from the automotive sector rose slightly, all the other customer segments presented an extremely poor picture. This was not only because of the general holiday season.

Even though the summer holidays are about to come to an end, the situation does not look very rosy. The much-hoped-for revival in demand is unlikely to happen. And because nothing is changing as far as the other parameters are concerned, prices will probably fall further in September – with the possible exception of polycarbonate, because with this material the rise in the benzene contract (up EUR 41/t) could consolidate prices to some extent.

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