- While sellers maintain full warehouses, buyers are
looking to reduce stock- The availability of truck
drivers worsens logistical problems





The European linear-low density spot market
in the week ended July 20 was still thin. Buyers continued to avoid purchasing
spot volumes in anticipation that spot prices would drop further into August. Spot levels fell amid limited demand and healthy
availability. Summer vacations are coming up across Europe. End-user
demand continues to be under pressure from inflationary pressure and
macroeconomic background. Converters were supplying the packaging industry,
noting a falling customer buying appetite despite greater resilience than the
durables sector. Some converters in Europe's south were heard
seeking to prolong summer shutdowns for several weeks. However, converters
throughout Europe were operating at lower rates due to limited downstream
demand. A trader stated that there...