
Polypropylene market analysis in March 2025
Propylene contract price is expected to decline in April. Many traders do not see positive prospects for the polypropylene market in the coming months.
Propylene contract price is expected to decline in April. Many traders do not see positive prospects for the polypropylene market in the coming months.
The Italian plastics and rubber machinery industry experienced a mix of highs and lows in 2024, as shown in the year-end report prepared by the Mecs Study Centre based on foreign trade data gathered by ISTAT.
The Krones Group has just released its ESG performance reporting for the year 2024. “For us, sustainabil-ity and our associated targets are - regardless of external factors and developments - a cornerstone of our business strategy,” says Krones CEO Christoph Klenk.
Krones today published its 2024 Annual Report. Despite the critical general economic environment, the company once again increased revenue and profitability. Krones plans to continue on its profitable growth path.
The demand for polyethylene decreased in March. Converters, observing the decline in crude oil prices, expect polymer prices to drop in April and are taking a wait-and-see approach.
In a challenging market environment, BASF Group’s EBITDA before special items (income from operations before depreciation, amortization and special items) increased in the full year 2024 to €7.9 billion.
Low demand for polypropylene hindered price large increases despite producers’ efforts to improve margins. Throughout February, traders hoped for a market revival at the beginning of March, when the construction and agricultural sectors are traditionally more active.
Market participants assessed that the polyethylene demand will slow down by the end of the month. The announced order stoppages for this material as well as production overhauls further limited the number of transactions.
Prices in the polyolefin market in Poland in 2024 changed due to various factors, such as: the level of demand from converters, the availability and quantity of imported material, the price of oil, the impact of the overall European economy, as well as the geopolitical situation worldwide.
Dassault Systèmes today reports its IFRS unaudited estimated financial results for the fourth quarter 2024 and full year ended December 31, 2024.
After increased activity in mid-January, the PP market calmed down and by the end of the month prices remained stable. In H2 January, converters started to inquire materials for February delivery.
The BASF Group’s sales for the full year 2024 are expected to be €65.3 billion (2023: €68.9 billion).