Eurozone industrial output increases in May
The monthly increase in output in May was mainly driven by an increase of 2.3% in production of capital goods, of 1.8% in durable consumer goods, of 1.2% in non-durable consumer goods, of 0.9% in energy and of 0.3% in intermediate goods.
The largest contribution to the monthly rise in industrial output in May came from Lithuania by 3.8%, Romania by3.5% and the Czech Republic by 3.3% while the output in Portugal and Malta posted the largest drops by 1% and 0.9% respectively.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- 3-digit hikes in Oct PVC offers reinforce supply-driven bullishness in Asia
- Crude oil caught between demand woes and production disruption
- Tightness drives European PVC market up, prices near pre-pandemic levels
- Major LDPE markets touch multi-year highs on growing tightness
- A prospect for Q4 through uncharted waters of 2020 amid pandemic
- China's import PP markets maintain uptrend under shadow of oil-driven losses in Dalian futures
- Weaker domestic demand prompts Vietnam to export polymers
- European PP market ceases upward trend in September
- Force majeure declarations rock the boat in Turkish PVC market
- China’s PE uptrend fueled by US force majeures; LDPE soars to more than 1-year high