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01 July 2009
The markets for aluminium FRP and extrusions are performing better in Asia and the Middle East.
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01 July 2009
The surge in the LME price has not yet damaged margins in North America or Europe, but there is mounting pressure.
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01 July 2009
The surge in LME prices is having an impact on North American margins, but is having no impact in the Middle East, where the domestic market for FRP is still bouyant.
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01 July 2009
The extrusion business in North America is not better but is not worse either. The summer will be long and quiet, and may see further casualties among those linked to the automotive sector.
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01 July 2009
Positive macro data has yet to have an impact on the FRP markets
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01 July 2009
It is not clear whether de-stocking in the European extrusion market has finally ended, but things will be clearer after the summer season.
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01 July 2009
After a market collapse that extended into the first quarter of the year, there is finally a slight improvement in the European FRP market. However, we do not expect any big surge anytime soon.
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01 July 2009
The Chinese government has recently increased VAT rebates on exports, but without a recovery in demand in the exports market, it may fail to boost Chinese exports
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01 July 2009
Distributors in the region are starting to replenish stocks and taking advantage of spot deals. Meanwhile, in China, the stimulus package has proven positive.
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01 July 2009
Extruders in the Middle East believe the construction market will recover soon, as high oil prices will encourage consumption
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01 July 2009
FRP mills in the Middle East still enjoy a strong domestic market. Exports however are extremely low.
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01 July 2009
LME prices are being pushed down by more stock growth, but being pushed up by continued cancelled warrants.