
Polish buyers may reject price increases
According to Chem-Courier’s data, the Polish polyolefin market was awaiting the announcement of new prices last 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
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