Hamburg (Germany): In the first week of July xxxx, the market for Polybutylene Adipate Terephthalate (PBAT) showed contrasting trends between the USA and Germany due to distinct supply and demand dynamics. In the USA, the PBAT market equilibrium was maintained by a balanced supply and moderate demand. Steady domestic production and consistent imports from China, Vietnam, and Europe bolstered supply. Downstream industries, including food packaging and composting bags, maintained steady consumption levels, resulting in consistent demand without significant spikes. Consequently, PBAT prices in the USA remained stable.
Conversely, in Germany, PBAT prices increased by x.xx during the week of July xth, xxxx, driven by several supply-side factors and seasonal demand fluctuations. Local manufacturers and distributors depleted their PBAT inventories in anticipation of higher summer demand, leading to increased reliance on spot purchases, which pushed prices up. Additionally, a temporary reduction in PBAT imports from other...
