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.
Plastic prices
News Plastech
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.
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.
PE, PP prices slide further in Poland
The situation has been unclear in the Polish polyolefin market in the first week of July. Traders have informed that converters are actively asking for quotes, but few of them are buying the commodities. Converters of polypropylene, its copolymers in particular, are the most active.
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
PE, PP markets never recover, prices fall further in Poland
The Polish polyolefin market was mainly inactive in H1 June.
Central European Polymer Market outlook
From 2018, the market was characterised by low prices and cheap import. We had survived the first wave of the epidemic, the demand suddenly started. However, polymer deliveries were delayed due to a lack of containers. All this generated an actual shortage.
ICIS petrochemicals and plastics index (IPEX) pointing to global price collapse
The monthly ICIS Petrochemical Index (IPEX) is recording a collapse in commodity petrochemical and polymer prices worldwide as economic and cost pressures for the sector mount.
Feedstock volatility, rising polymer prices
At the beginning of last week, both “feedstock” and energy prices reached their highest levels in 10 years. The price of oil was 139 USD/barrel, NAPHTHA was 1,121.7 USD/t and the price of natural gas was 227.201 Euro/MWh.
Plastic resin markets turmoil
The market is in turmoil. The escalating Russian-Ukrainian war is distracting from the deal. An unprecedented situation, market participants do not know how to react.
Evonik to raise prices of high-performance plastics
Evonik's High Performance Polymers Business Line announces a price increase for its Vestamid, Vestosint, Vestamelt, Vestodur, and Trogamid product lines effective April 1, 2022.
