First polyolefin offers over €100/t more expensive in Poland
In the first week of February, demand and prices for polyolefins are increasing, while stocks of materials are proving insufficient.
Analysis
News Plastech
European plastic recycling industry growth threatened by shrinking market
Latest figures show that the growth rate of total European installed plastics recycling capacity went down from 17% to 10% year on year in effect giving 12.5 million tonnes in 2022.
Converters resist manufacturers' desired price hikes
Those manufacturers and traders that have still been open for orders, have raised polyolefins prices again at levels even €80-100/t higher than last week.
Polyolefins appreciate further in changing Polish market
Polish market players have reported better demand for both PE and PP from converters. Among other factors, this is why we are seeing another round of polyolefin price increases in Poland.
Polyolefins rise in value in Poland
The polyolefin market has started reviving in H1 January. Market players say that in addition to completing December deliveries, they already have new orders for PP and PE, with the former bought more frequently than the latter.
Prospects for the Central European polymer market in 2024
The European market will operate in a kind of stop and go mode in 2024. This means that larger polymer manufacturers will schedule maintenance at different sites, thus limiting their emissions at the company group level.
Polyolefins may rise in value in January
Demand has been low in the Polish polyolefin market in the last pre-holiday week, according to Chem-Courier’s data. Converters have been tapping into their raw material stocks or purchasing only small batches.
Building a circular economy in the packaging industry: progress and challenges in 2023
Once again this year, the subject of how to establish a circular economy has gained significant pace.
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New packaging waste regulation draft could prove controversial
The latest draft of the Packaging and Packaging Waste Regulation (PPWR) – which passed its plenary vote in the EU Parliament on Wednesday 22 November – brings further sweeping changes to the proposed legislation, some of which are likely to prove controversial.
Prices fall, demand improves in Polish polyolefin market
Contract prices for monomers and, ultimately, polyolefins, have predictably moved down in Poland in December.
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.
