'February was a successful month' – says Polish polyolefin trader
Polish processors are benefiting from the relative stability of the market and are stocking up on raw materials ahead of the expected price increase in March.
Polypropylene (PP)
News Plastech
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Anticipation of polyolefins price increase prevail in Poland
High prices and low supply persist in the polyolefin market. Some players stocked up at the beginning of the month, observing a steady rise in prices and material shortages, while others are holding back in the hope of a change in trend.
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According to market players, converters are making cautious purchases this month. Most large manufacturers of finished products bought more material in January ahead of the anticipated price increase.
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In the first week of February, demand and prices for polyolefins are increasing, while stocks of materials are proving insufficient.
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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.
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