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.
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"Many customers are interested in prices and will most likely start restocking in August" - a market participant said.
Demand has reportedly been steady in the last week of July. "We still see weak demand for polyolefins in Poland; still, some companies decided to build small stocks due to a predicted price increase" - a trader has commented.
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.
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.
Thomas Raithel passed away
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The Polykemi Group’s fifth manufacturing unit was inaugurated in April, making North America Polykemi’s third continent with in-house production.
