German Perspective - 09.06.26
This week: The beginning of May traditionally marks the start of a quieter period in our business. Holidays, a wait-and-see attitude among many market participants and the usual summer slowdown in consumption and production are beginning to leave traces. This cannot be generalised completely. Some supply chains are still functioning more or less normally. Fundamentally, however, the market mechanisms and seasonal patterns have changed very little over the years, and this year is once again showing a very familiar picture. The market is not coming to a complete standstill, but its momentum is clearly slowing.