Market players expect an increase in demand after the long weekend in Poland. Many producers will return from the summer shutdown next week. Processors will want to replenish their stocks of raw material ahead of a projected price increase in September.
The tense political situation in various parts of the world may affect the plastics market in Poland. A Hungarian PE producer, for example, will face the issue of oil supply diversion.
Judging by the first market offers, the price in August will increase by €30-60/t; however, whether the market will accept the increase will be known by the end of next week.
The RecyQuant research project makes it possible to monitor and maintain tolerable levels of foreign materials in the recyclate directly in the process.
European PE producers plan to increase prices next month in line with rising ethylene rates. According to Chem-Courier forecasts, the value of ethylene is expected to advance by €20-25/t in August.
European producers of LLDPE and LDPE plan to increase prices next month in line with the rise in ethylene costs.
New version of the Design for Recycling Guidelines for all plastic packaging streams was released by RecyClass.
As forecasted by Chem-Courier, due to shortages of certain materials in the market, their prices have increased. However, if there are further increases, it will be by another 10-20 euros.
The Gneuss MRS Extrusion Technology is well known as an alternative for the recycling of contaminated materials such as Polyester (PET), Polystyrene (PS), Polypropylene (PP) or Polyethylene (PE).
Market participants anticipate another price increase in the second half of the month. Such assumptions are based on the progressive reduction in the availability of polyethylene, both European and imported.
Based on problems with the availability of imported materials, European producers will attempt to maintain prices at the level of the previous month or slightly raise them.
On 1 July 2024, Krones Recycling GmbH, under the management of Dr Michael Gotsche, commenced business operations with headquarters in Flensburg. The newly founded company takes over all activities relating to plastics recycling, but continues to utilise Krones' global production, sales and service network.
