
Latest report PET Market in Europe
Average EU PET beverage bottles’ recycled content rate reached 24%, yet more work is needed to achieve the 2025 EU targets.
Average EU PET beverage bottles’ recycled content rate reached 24%, yet more work is needed to achieve the 2025 EU targets.
The polyolefin market in Poland has slowed down in H2 of the month. The market continues to experience shortages of certain goods, including PP homo, copolymer and LDPE.
Despite the lack of some materials in the market, there is no panic or increased purchasing activity from converters who buy raw materials only as needed.
Polish processors are benefiting from the relative stability of the market and are stocking up on raw materials ahead of the expected price increase in March.
Study confirms rising imports of recycled plastic threaten EU industry resulting in alarming 18% increase in EU plastic waste exports in 2023.
High prices and low supply persist in the polyolefin market. Some players stocked up at the beginning of the month, observing a steady rise in prices and material shortages, while others are holding back in the hope of a change in trend.
According to market players, converters are making cautious purchases this month. Most large manufacturers of finished products bought more material in January ahead of the anticipated price increase.
Due to low demand and the ability of some converters to wait out February without making purchases, almost all polyolefin producers have reduced the amount of raw materials available for sale.
Sustainability assessors, EcoVadis, will map and rate the environmental, social and ethical performance of Sidel’s suppliers as part of its new supply chain strategy.
In the first week of February, demand and prices for polyolefins are increasing, while stocks of materials are proving insufficient.
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.
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.