The global trend for Fluoropolymers (PTFE) prices remained stable overall. The early occurrence of Easter contributed to a diversification of spending patterns, leading to lower demand. Coupled with ample supplies in the market, these factors ensured that prices for PTFE were unaffected by any potential supply disruptions. This stability in the market reflects how external events like holiday timings can influence consumer spending and demand, impacting global commodity prices in subtle but significant ways.
Last week, the price of PTFE remained stable in Germany, largely because of an ample supply from the Asian market, which satisfied current demands without causing significant price fluctuations. In the European Union, new car sales saw a decline, partly due to an earlier Easter, which typically shifts consumer spending patterns. Additionally, car registrations dropped, and the growth in sales of electric vehicles (EVs) also slowed. The slowdown in the automotive industry was...
