As of the xrd week of January, the price of Fluoroelastomer witnessed a notable fall. This decline is primarily attributed to lower bidding activities from suppliers, reflecting the contraction in the European economy. The reduced demand from downstream Automobile sectors and lower industrial activities have led to a slump in Fluoroelastomer demand in the European market. On the flip side, Fluoroelastomer prices in the US market witnessed a significant increase, driven by the strong economic performance attributed to impressive results in the Automotive and Aerospace industries downstream
In France, there was a slight decline in the price of Fluoroelastomer, reaching xxxxx USD/MT FD 鈥� Le Havre, marking a decrease of x.xxx from past x weeks as of xrd week of January. In the broader European market, Electric Vehicle (EV) incentives have been reduced, with Germany terminated its subsidy program in December, earlier than expected due...
