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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.
Contract prices for monomers and, ultimately, polyolefins, have predictably moved down in Poland in December.
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.
Although polyolefins have got cheaper this month, converters have still been holding off restocking and have been reduced purchases compared with October.
Monomer contract prices were announced early this week.
Converters, as usual, have been sluggish in the market in late October. All of its players have been waiting for new price announcements.
According to Chem-Courier’s data, PE demand is below average in Poland. PP, especially random copolymers and high-MFI injection-moulding grades, in contrast, are sought after. However, a shortage of those PP types led to inability to fully cover the current customers’ needs.
Chem-Courier forecasts polyolefins to hold their value until the end of the month.
Customers often wait until the second week of the month to make purchasing decisions. They want to have a complete picture of the market
The end of September has seen increased demand for polyolefins compared with the middle of the month in the Polish market.
Film LDPE grades, especially those with MFI=0.3, have been unavailable on the Polish market this week.
