Polyolefin market encounters product shortages
Despite the lack of some materials in the market, there is no panic or increased purchasing activity from converters who buy raw materials only as needed.
Commentary
News Plastech
Converters resist manufacturers' desired price hikes
Those manufacturers and traders that have still been open for orders, have raised polyolefins prices again at levels even €80-100/t higher than last week.
Polyolefins appreciate further in changing Polish market
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.
Polyolefins rise in value in Poland
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.
Polyolefins may rise in value in January
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.
Indorama Ventures continues to be a member of the DJSI World and DJSI Emerging Markets
Indorama Ventures Public Company Limited, has been selected for inclusion in the Dow Jones Sustainability World Index (DJSI World) for the fifth consecutive year and the Dow Jones Sustainability Emerging Markets Index (DJSI Emerging Markets) for the seventh year in a row.
LDPE value lost 20 EUR/t
According to traders, clients have been ordering both large lots of several hundred tonnes and small ones of under 24 t delivered on pallets.
Prices fall, demand improves in Polish polyolefin market
Contract prices for monomers and, ultimately, polyolefins, have predictably moved down in Poland in December.
Polyolefins to keep getting cheaper in December
Despite raw material depreciation, converters did not buy more, they continue to purchase raw materials only on an as-needed basis. Some of them are using the stocks built during previous months
Polish traders offer discounts on polyolefins
Polish converters continue to buy polyolefins on an ad hoc basis, and if possible, hold off new purchases in anticipation of further price cuts. Packaging remains one of the most active consuming industries.
Buying activity slugglish in Poland
Although polyolefins have got cheaper this month, converters have still been holding off restocking and have been reduced purchases compared with October.
Market players await polyolefin price announcement
Monomer contract prices were announced early this week.