Furthermore we are seeing major euro chemical corps taking preservation measures that may be a signal for a death spiral for the competitiveness of European capital. We also see leaders like Macron pissed that the US is in such a good spot relatively speaking. All of this is only getting harder to watch. The US truly is cannabalizing the west.
Could be a lot of things. Opportunistic price gouging being a big one. Another is that this is for all of Europe and likely won’t be an accurate representation on any one place in Europe. And of course, the source of this information is the bourgeoisie press so it’s not out of the question that it is being downplayed somehow.