Weak demand puts downward pressure on prices / Wave of energy costs apparently absorbed
With utilisation rates at European facilities still rather low, it was generally expected that spot prices would continue their upward trend. This was the case at the start of the reporting period, but the upswing was soon curbed by weaker demand and cheaper import volumes. The coming holidays are also playing a more important role in processors’ planning than previously expected. The wave of costs from the energy sector appears to have been largely absorbed in the meantime; there were only a few light... (17.05.2022)