Germany’s exports post a slight increase in Oct
The data also showed that Germany’s imports also climbed 1.3% in October and beat the economists’ estimates which called for an increase of 1.1%.
However, both exports and imports declined in October on an annual basis by 4.1% and 2.2% respectively.
The country’s trade surplus, meanwhile, decreased to €19.3 billion ($20.48 billion) in October from €24.2 billion ($25.68 billion) in the previous month. The trade surplus was also down on a yearly basis from €21.7 ($23.03 billion) in October, 2015.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Tight supplies keep Asian PVC markets bullish
- Crude oil market sentiment turns in favour of bulls
- Will European PVC take a breather from 9-month downtrend in February?
- Supply limitations bolster Feb PP and PE outlook in Turkey
- China’s import PP markets climb to 6-month highs prior to Lunar New Year
- Weak activities press import PE, PP suppliers for discounts in Egypt
- Price erosion continues inside Middle Eastern polyolefins markets
- European PP, PE markets open 2023 with renewed drops
- Tight supply keeps expectations bullish in Turkey’s PVC market
- End of China’s ‘zero-COVID’ stance: Double-edged sword for Asia PVC, PP and PE markets