The first days of September brought a development that many market players did not anticipate. Instead of stability or slight increases, the market continued to feel the effects of the summer slowdown. Weak demand forced producers either to maintain reduced price levels or to concede further small discounts.
By the end of the first week, however, signs of a gradual revival in trading activity began to emerge. Market participants reported more inquiries, and expectations are growing that the coming days may bring additional transactions and a clearer price direction.
Current price trends
- Producers that granted discounts earlier are keeping their prices unchanged at those lower levels;
- Suppliers that attempted to keep higher prices will likely have to concede slight downward adjustments.
Situation in specific segments
- Converters: Inactive at the start of the month, they have gradually returned to the market, requesting quotes and comparing offers;
- LLDPE: Demand was weak in the first days but improved towards the end of the week. Most European producers have kept their prices stable;
- LDPE: Activity remained subdued. Many converters stated they have no plans to purchase LDPE film in September, having built sufficient stocks during the summer at attractive prices from local suppliers;
- HDPE: Inquiries increased for injection moulding material. The average price slipped by around €10/t.
Outlook
Some converters are considering larger purchases in the second half of September. This provides grounds for cautious optimism that demand may recover later in the month, potentially supporting prices ahead of October.
