Silicone Rubber Demand & Supply, Forecast Data
Stephenthomas10 Jan, 2025Business
In Q2 2024, silicone rubber prices in Germany increased significantly, reaching 9723 USD/MT by June. This rise was primarily driven by robust demand from key industries, particularly the automotive and aerospace sectors. Additionally, logistical challenges and strategic stock accumulation played a crucial role in pushing prices upward. As production activity peaked mid-quarter, the combination of high demand and supply constraints further contributed to the overall price growth across the region.
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