Polyolefin prices surge in Poland amid shortages
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.
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.
In the first week of February, demand and prices for polyolefins are increasing, while stocks of materials are proving insufficient.
Polish market players have reported better demand for both PE and PP from converters. Among other factors, this is why we are seeing another round of polyolefin price increases in Poland.
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The polyolefin market has started reviving in H1 January. Market players say that in addition to completing December deliveries, they already have new orders for PP and PE, with the former bought more frequently than the latter.
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Demand has been low in the Polish polyolefin market in the last pre-holiday week, according to Chem-Courier’s data. Converters have been tapping into their raw material stocks or purchasing only small batches.
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According to traders, clients have been ordering both large lots of several hundred tonnes and small ones of under 24 t delivered on pallets.
Contract prices for monomers and, ultimately, polyolefins, have predictably moved down in Poland in December.
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