The BFM has introduced a weekly foam chemical price market report for members.
The report looks at current prices and future market sentiment and represents a major benefit for companies heavily impacted by the rise and fall of foam chemical prices.
Says Mike Dimond, BFM director of employment and membership affairs: “They include upholstery and bed/mattress manufacturers for whom these costs can be significant. A slight rise or fall in prices can make a huge difference to what they pay and obtaining this sort of data can normally be a major cost to them.”
The new benefit compliments the existing material price tracking data. Some highlights from the report ending the week 31st August 2018 include: European Prices have fallen for TDI since June and are under pressure with low demand and lengthier supply since August. The European polyols market expectation for September is for it to be stable but year-on-year prices are slightly down and price sentiment shows a further tendency to fall. MDI prices were stable but there are signs of upward pressures.