In the latter half of March, the price of Fluoroelastomer experienced a noteworthy surge, primarily driven by heightened demand from the Automobile and Aerospace sectors. Despite a downturn in European industrial activities, the Aerospace market&#xx;s positive momentum, fueled by substantial order books, significantly influenced the Fluoroelastomer price surge. Market participants are anticipating further demand increases based on price action, prompting inventory accumulation during this period. The surge underscores the resilience of the Fluoroelastomer market amidst sector-specific dynamics, highlighting its critical role in automotive and aerospace applications.
In the latter half of March, the Fluoroelastomer market in the Netherlands experienced a surge, reflecting a consolidated price trend influenced by supplier actions aimed at managing inventories based on demand from various sectors. Despite challenges in some industries, such as the automobile sector, which is experiencing positivity, and the aircraft sector, which is witnessing favorable progress, overall demand for Fluoroelastomers...
