- No signs of recovery in demand- Market is well-supplied



The European
acrylonitrile-butadiene-styrene market continued to see weak demand amid
concerns about the macroeconomic outlook in the week to May 10. Participants on the market
described demand as low. Source:
"Economic factors explain the low demand." "Inflation has a major impact on the cost of goods. The people still travel, but the way they spend their money
has changed. Even isolation materials
became more expensive. Everyone is very
cautious in their spending. There is a
risk of technical unemployment in Belgium and Germany. The market was characterized by a high supply. Sources said that some companies had shut down production
for a whole week, but the fundamentals of the market remained unchanged. A source said that some companies were only operating at 30%
of their normal capacity due to the...