Stephenthomas26 Dec, 2024Business
In the last quarter of 2024, asphalt prices in Germany increased to $698/MT, driven by strong demand from the construction and infrastructure sectors, particularly for roadwork and maintenance projects. The price rise was also influenced by challenges in raw material availability and rising energy costs, which put additional pressure on production. While the market remained relatively stable, logistical issues further contributed to the pricing increase. Despite these challenges, the German asphalt market showed resilience, supported by ongoing investments in infrastructure and consistent demand throughout the quarter.
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