European Polypropylene : Demand declines starting in
March- Import market: Consumers reluctant to participate- Players monitor upstream market dynamicsThe European polypropylene market was
dominated by uncertainty in the seven days leading up to March 22. Demand
slowed from the beginning of the month. According to market players, the improvement in market
fundamentals following a weak fourth quarter 2022 was in contrast with the
increasingly difficult conditions heading towards Q2. Although consumption rose from its low levels at 2022's end,
the market continues to be dominated by weak buyer appetite. "Absolutely low demand -- very poor. A converter stated that there was some light at the tunnel
in March, but it has disappeared now. "Think
it'll actually be worse in Q2 than people think." Import demand was also affected by weak fundamentals. Market players stated that although imported...