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Polyolefin prices down, but long-term outlook positive

Polyolefin prices down, but long-term outlook positive

Demand for injection PE has strengthened this week, according to Polish traders. ‘We get the most enquiries for injection HDPE and LDPE and the fewest requests for PP homopolymers from converters,’ one of the market players has reported. Converters that make products from PP complain about limited polymer availability.

PE, PP prices slide further in Poland

PE, PP prices slide further in Poland

The situation has been unclear in the Polish polyolefin market in the first week of July. Traders have informed that converters are actively asking for quotes, but few of them are buying the commodities. Converters of polypropylene, its copolymers in particular, are the most active.

LLDPE prices fall below €1,000/t in Poland

LLDPE prices fall below €1,000/t in Poland

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

Central European Polymer Market outlook

Central European Polymer Market outlook

From 2018, the market was characterised by low prices and cheap import. We had survived the first wave of the epidemic, the demand suddenly started. However, polymer deliveries were delayed due to a lack of containers. All this generated an actual shortage.

Feedstock volatility, rising polymer prices

Feedstock volatility, rising polymer prices

At the beginning of last week, both “feedstock” and energy prices reached their highest levels in 10 years. The price of oil was 139 USD/barrel, NAPHTHA was 1,121.7 USD/t and the price of natural gas was 227.201 Euro/MWh.

Plastic resin markets turmoil

Plastic resin markets turmoil

The market is in turmoil. The escalating Russian-Ukrainian war is distracting from the deal. An unprecedented situation, market participants do not know how to react.

Lanxess increases prices for inorganic pigments

Lanxess increases prices for inorganic pigments

Lanxess is raising its prices for inorganic pigments globally with immediate effect, subject to existing agreements. Quotations will be increased by EUR 150 minimum per metric ton or its equivalent in local currency.

Wacker to raise prices for silicones globally

Wacker to raise prices for silicones globally

Wacker is to raise prices for its entire silicones product range. The price increases vary between 10 and 20 percent and will be effective for material shipped from April onwards, as customer contracts allow.