Polish polyolefins market: A week passed with discounts
Sluggish demand continues to negatively affect market conditions. Low demand in Europe is likely to prompt further price declines next month.
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.
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The polyolefin market has started reviving in H1 January. Market players say that in addition to completing December deliveries, they already have new orders for PP and PE, with the former bought more frequently than the latter.
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Demand has been low in the Polish polyolefin market in the last pre-holiday week, according to Chem-Courier’s data. Converters have been tapping into their raw material stocks or purchasing only small batches.
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According to traders, clients have been ordering both large lots of several hundred tonnes and small ones of under 24 t delivered on pallets.