As forecasted by Chem-Courier, due to shortages of certain materials in the market, their prices have increased. However, if there are further increases, it will be by another 10-20 euros.
Market participants anticipate another price increase in the second half of the month. Such assumptions are based on the progressive reduction in the availability of polyethylene, both European and imported.
trinamiX GmbH, a leading provider of mobile spectroscopy and a wholly-owned subsidiary of BASF, announces their presentation of Mobile NIR Spectroscopy Solutions at the upcoming PRSE 2024.
According to the forecasts of Chem-Courier, the contract price of ethylene has decreased by €30/t compared to last month.
We now have to live with fluctuating prices and volatility. It is important to identify the phases of the cycles well; buy at the right time and in sufficient quantities
Market players expect only a modest increase in demand.
Sluggish demand continues to negatively affect market conditions. Low demand in Europe is likely to prompt further price declines next month.
Lacklustre demand has caused another decrease in PP prices. Purchases that traders and manufacturers were hoping for did not materialise to the extent they expected, according to Chem-Courier’s information.
High-energy radiation can improve the mechanical, thermal, chemical and tribological properties of plastics to such an extent that they can replace metals in some applications.
Market activity remained subdued in end-March. Converters insisted on price reductions, leading traders and manufacturers to make concessions due to low demand.
Average EU PET beverage bottles’ recycled content rate reached 24%, yet more work is needed to achieve the 2025 EU targets.
The polyolefin market in Poland has slowed down in H2 of the month. The market continues to experience shortages of certain goods, including PP homo, copolymer and LDPE.
