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German Fluoropolymer Market Holds Steady Despite Global Shipping Challenges

German Fluoropolymer Market Holds Steady Despite Global Shipping Challenges

Jai Sen 27-Feb-2024

The market of Fluoropolymer (PTFE) in Germany exhibited a phase of stagnancy throughout February xxxx despite the challenges in the vital shipping routes and transition delays. Regardless of the ongoing challenges in the global market, the price of Fluoropolymer in Germany remained relatively unaffected due to the underperformance of the downstream market during this timeframe. However, Fluoropolymer in Europe is heavily influenced by imports from the Asian market. Current geopolitical tensions are expected to disrupt global trade routes and shipping costs, putting a strain on the European Fluoropolymer supply chain in the upcoming weeks.

While the German Fluoropolymer market faced opposing forces of declining demand and rising transportation costs, the overall price remained stable in February xxxx. This can be attributed to a balanced equilibrium between low supply and the mitigating effect of high shipping costs to settle at USD xxxxx/MT, Fluoropolymer (PTFE) Powder Form CFR Hamburg...

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