Polypropylene Glass Filled Compound Prices, Trend, Demand & Supply, Market Analysis | ChemAnalyst
For the Quarter Ending September 2023 North America: In the third quarter, the prices of Polypropylene Glass-filled Compounds in North America exhibited a fluctuating pattern, initially marked by sluggishness in the first couple of months. Unfortunately, the construction industry's performance failed to rebound during this period, with August output experiencing a further decline. Housing, commercial, and other construction activities witnessed a decrease in European nations, contributing to the overall weak demand from downstream construction and related derivatives. This subdued demand outlook persisted for the remaining part of the year. Although the Eurozone Construction PMI showed a marginal increase in September 2023, it still indicated a significant contraction in the construction sector. Additionally, feedstock prices, including Polypropylene, declined in the quarter, providing limited cost support for the product. Weak demand resulted in the fastest decline in ...