European producers plan to increase LLDPE and LDPE prices
European producers of LLDPE and LDPE plan to increase prices next month in line with the rise in ethylene costs.
Analysis
News Plastech
Shortage of materials on the market results in an increase in their prices
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.
Demand for polyethylene and polypropylene below average
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.
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Global ethylene and propylene prices have dropped significantly
According to the forecasts of Chem-Courier, the contract price of ethylene has decreased by €30/t compared to last month.
Expected dynamics of commodity polymer prices in the third quarter of 2024
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
PP prices unchanged, PE prices decreased
Market players expect only a modest increase in demand.
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.
Prices continue sliding in Poland
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.
Radiation-crosslinked plastics instead of metal
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.
Manufacturers to announce another price increase in early April
Market activity remained subdued in end-March. Converters insisted on price reductions, leading traders and manufacturers to make concessions due to low demand.
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Average EU PET beverage bottles’ recycled content rate reached 24%, yet more work is needed to achieve the 2025 EU targets.
