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Polyolefins to keep getting cheaper in December

Polyolefins to keep getting cheaper in December

Despite raw material depreciation, converters did not buy more, they continue to purchase raw materials only on an as-needed basis. Some of them are using the stocks built during previous months

Polish traders offer discounts on polyolefins

Polish traders offer discounts on polyolefins

Polish converters continue to buy polyolefins on an ad hoc basis, and if possible, hold off new purchases in anticipation of further price cuts. Packaging remains one of the most active consuming industries.

Buying activity slugglish in Poland

Buying activity slugglish in Poland

Although polyolefins have got cheaper this month, converters have still been holding off restocking and have been reduced purchases compared with October.

Polish polyolefin market tight

Polish polyolefin market tight

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.

Prices bottom out in Polish polyolefin market

Prices bottom out in Polish polyolefin market

Demand has reportedly been steady in the last week of July. "We still see weak demand for polyolefins in Poland; still, some companies decided to build small stocks due to a predicted price increase" - a trader has commented.

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