Prices fall, demand improves in Polish polyolefin market
Contract prices for monomers and, ultimately, polyolefins, have predictably moved down in Poland in December.
Contract prices for monomers and, ultimately, polyolefins, have predictably moved down in Poland in December.
Chem-Courier forecasts polyolefins to hold their value until the end of the month.
Husky Technologies announced the appointment of John Linker as Chief Financial Officer. Linker will replace John Hafferty.
Customers often wait until the second week of the month to make purchasing decisions. They want to have a complete picture of the market
Traditional financing models are not designed to adapt to the actual use of the machine due to fixed rates.
Lerg S.A. has acquired a total of 76 per cent of WeButex Kunststoffbearbeitung GmbH, one of the best-known processors of thermoset laminates.
Film LDPE grades, especially those with MFI=0.3, have been unavailable on the Polish market this week.
According to Chem-Courier’s data, the Polish polyolefin market was awaiting the announcement of new prices last week.
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.
"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.
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