Producers announce polyolefin price increases again
Customers often wait until the second week of the month to make purchasing decisions. They want to have a complete picture of the market
Commentary
News Plastech
Polyolefin prices to keep rising in Poland
The end of September has seen increased demand for polyolefins compared with the middle of the month in the Polish market.
PE, PP prices go up, PVC ones stay unchanged in Europe
According to Chem-Courier’s data, PE prices gained €30 - 60/t week on week depending on the grade, or €70 - 125/t month on month, in Europe last week. However, this had no effect on demand.
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.
Polyolefins in short supply in Poland
A reported shortage of polyolefins in Poland has caused panic among converters.
PE, PP prices start rising in Poland
"Many customers are interested in prices and will most likely start restocking in August" - a market participant said.
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.
Polish market begins to change
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.
The Brückner Group and Kiefel - one of Germany's most sustainable companies 2023
Freilassing, Siegsdorf, Rüti. WirtschaftsWoche, the renowned German business magazine, examined 4000 German medium-sized companies to determine the 50 most sustainable. The Brückner Group, with headquarters in Siegsdorf, is one of them.
Polyolefin prices down, but long-term outlook positive
Demand for injection PE has strengthened this week, according to Polish traders. ‘We get the most enquiries for injection HDPE and LDPE and the fewest requests for PP homopolymers from converters,’ one of the market players has reported. Converters that make products from PP complain about limited polymer availability.
LLDPE prices fall below €1,000/t in Poland
In H2 June, converters have been slow to make new purchases regardless of special offers, discounts and traders minimal margins in anticipation of another price reduction next month
Groundbreaking for Haitian production plant in Serbia
Haitian International is expanding its production and logistics network in Europe and investing in the construction of a modern plant with a total area of 250,000 square meters at its site in Ruma, Serbia. The plant is scheduled to go into operation in the first quarter of 2025.
