Slow start to the polyethylene market in the New Year

Slow start to the polyethylene…

During the first working week of the new year, following a long holiday break, the market remained relatively slow. By midweek, there was still a lack of clarity regarding pricing policies from producers, while converters adopted a cautious approach, analyzing the market and monitoring price levels. It is anticipated that market activity will start picking up from next week. Producers are expected to increase polyethylene prices by €30–60/t; however, many converters still hold stock purchased earlier, and imports may partially offset these price increases.

  • The polyethylene market in Poland remains sluggish after the extended holiday period.
  • Demand from converters has been minimal so far but is expected to increase from next week.
  • Some manufacturers of finished goods still have stocks of materials purchased in December at lower prices, allowing them to operate at least until mid-January.
  • Not all producers have announced their January polyethylene prices yet, prompting most traders to hold back on offering quotations. Nevertheless, some traders have kept their prices unchanged this week.
  • Due to the limited number of transactions concluded this week, average spot market prices remain unchanged.

Polyolefins Market Weekly, PVC Market Weekly; PE, PP, PVC prices and market trends in Europe, Asia, the Middle East, Turkiye, the USA.

Ukraine