Raw Materials

The contract prices of DAP have shown increases not exceeding 5 € / t.

The European product falls ouside the market again due to rate unattractiveness.

Formaldehyde and paraformaldehyde rates have suffered increases of 20 and 39 € / t, respectively

Devaluation of the euro against the dollar makes the single currency to lost its mitigating factor.

Heavy markups are expected in the short term

The presence of the Asian produc has led to the exclusion of European pyrophosphate.

The current supply of glycerin doubles global demand, causing a sustained depreciation

The absence of product from Asia has help this move as expected.

The sustained decline of this compound recorded during the last two months has reached 65 € / t.

No significant change is expected for the price of this pigment over fourth quarter