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.
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.
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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.
"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.
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.
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