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.
The plastics industry faces significant challenges in the coming years between 2025-2030. According to the commitments of the European Plastics Pactan average of 25-30% recycled plastic must be used in plastic finished products and packaging materials.
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.
Preparations for the International Fair of the Plastics Industry in Istanbul are in full swing. The Plast Eurasia Istanbul 2023 Fair, organized by TÜYAP Tüm Fuarcılık Yapıcılık A.Ş., in cooperation with PAGEV, is preparing to bring together sector professionals for the 32nd time from November 22-25, 2023.
A reported shortage of polyolefins in Poland has caused panic among converters.
Demand for polyolefins has strengthened in Poland since last month.
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.
Thomas Raithel passed away
BSIA was launched by Borealis to accelerate the circular transformation and drive sustainable progress.
The Polykemi Group’s fifth manufacturing unit was inaugurated in April, making North America Polykemi’s third continent with in-house production.
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.
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