
November outlook for Polish poliolefin market uncertain
Converters, as usual, have been sluggish in the market in late October. All of its players have been waiting for new price announcements.
Converters, as usual, have been sluggish in the market in late October. All of its players have been waiting for new price announcements.
According to Chem-Courier’s data, PE demand is below average in Poland. PP, especially random copolymers and high-MFI injection-moulding grades, in contrast, are sought after. However, a shortage of those PP types led to inability to fully cover the current customers’ needs.
Chem-Courier forecasts polyolefins to hold their value until the end of the month.
Customers often wait until the second week of the month to make purchasing decisions. They want to have a complete picture of the market
The end of September has seen increased demand for polyolefins compared with the middle of the month in the Polish market.
Film LDPE grades, especially those with MFI=0.3, have been unavailable on the Polish market this week.
Polyolefin converters are far from active now, according to Polish market players.
PE and PP supply has tightened in the Polish market this week. It was nearly impossible to get the material from polyolefin producers for two weeks prior to this one, and now it is getting increasingly more difficult to buy it from traders as well.
A reported shortage of polyolefins in Poland has caused panic among converters.
Demand for polyolefins has strengthened in Poland since last month.
"Many customers are interested in prices and will most likely start restocking in August" - a market participant said.
The situation has begun changing in the Polish polyolefin market. PE and PP producers are reducing their capacity utilisation or storing their products while refusing to sell large quantities of the commodity to traders and converters.