Weekly commodity price report
Here are the market prices of various types of commodity plastics PE-LD, PE-HD, PP and PS in Central and Eastern Europe with a delay of 5 weeks. The data was processed by our partner myCEPPI.
Are you interested in current prices for commodity plastics? You can order Weekly polymer price reports from our editors.
Prices for this week 32/2017
The following factors influenced “commodity” polymer prices and price expectations last week:
- the middle of the summer holiday season.
- BRENT oil price 52.50 USD/barrel, increasing prices,
- Euro getting stronger, EUR/USD exchange rate over 1.17 getting stronger
- Ethylene and propylene roll over,
- SM price drop -30 €,
- EPS shortages on the market
In detail
Monomer prices signaled also the direction of the change of polymer prices. There is ethylene (C2) and propylene (C3) roll over, while the price of styrene monomer (SM) dropped by 30 Eur. In the product groups where supply is short (LDPE, LLDPE and EPS) prices increased.
Polymer producers have basically started August with roll over and with a minor price increase in August in the hope that the higher demand expected in September and the price increase would counterbalance the demand being usually lower at this time. LDPE and LLDPE supply is still short, in this way there was also a price increase here (+20-40 €/t) on the complete European market. While in case of PP, in line with the market situation there were some minor downward price corrections. As HIPOL restarted last week only and the Bulgarian producer shut down for a maintenance expectedly lasting for two weeks, in the southern region there was PPH shortage first of all in case of cheaper grades accompanied by a minor price increase.
But in Poland the situation is different, polymer producers do not really believe that there would be a major price increase in September, therefore they did not really buy in advance in June, and they will assumedly not buy in the first half of August either. The polyolefin prices in the first half of August, with the exception of LLDPE did not change compared to July.
The SM price was published rather late, last Thursday, the price reduction (-30 €) has slightly surprised the market. Particularly as the strongest season for construction insulation materials (August-October) is at hand and also the summer packaging material season is also at “high rpm”. It is not by chance that the first price communications on Friday brought rather roll over in case of GPPS, HIPS and price increase in case of EPS. In case of EPS the situation seems to be critical, CE producers, due to the technical problems cannot satisfy the demand. In the meantime the Greek producer being strong also in our region will shut down in August for a planned maintenance (2 weeks). In this way it is no miracle that on Friday we have received news about a price increase by 20-30 €.
Polyolefin grades
Ethylene (C2) and propylene (C3) roll over determine price changes in August, roll over and slight price increase (by 10-30 €) can be experienced. In detail:
The market has partially considered LDPE price increase into the prices as early as in July. Polymer producers came up with a price increase by 10-35 €. There was a minor price increase where it was possible as early as in July, that is to increase prices following the shortage. Producers working with monthly prices have increased prices significantly. But in Poland this price increase was not possible last week. There were three reasons for that: low demand because of the summer holidays, broad regional supply and diverging expectations. Converters are still not confident that there would be a major price increase in September. Now the price range is 1,190-1,250 €.
HDPE started August with roll over. But demand does not seem to be high for film, blow molding and injection molding grades. Central European prices are still maintained within a range of 1,020-1,100 €. Cheaper prices were reported in connection with the products of the restarted plant in Kalush (Ukraine) only.
HDPE pipe market is still waiting for the season to start, as the market is strongly depending on EU project financing. In this way the delay of it influences demand as well. Unfortunately, for the time being, the season seems not to be starting in August. Therefore now the market is characterized by low demand and roll over.
The HDPE market does not seem to be able to get stronger, demand is still down, converters and polymer producers do not expect major increase by the autumn.
LLDPE C4 is still double faced. Big converters reported high demand and short feedstock supply. Small converters in turn reported lacking demand. Big converters still cannot buy enough directly from producers at competitive prices. Smaller converters get a lot of offers from the distributors, but they do not buy much. Therefore polymer producers came up with a price increase by 20-30 € in August. The price range of the first two weeks was 1,110-1,130 €/ton in case of direct sales, while in case of sales via distributors the price range is 1,130-1,160 €/ton.
mLLDPE demand is stable, supply is broad, the price range was 1,190-1,230 € last week, there was roll over.
PPH demand is good, there was a minor shortage in the southern region, and due to this prices increased by some 10 € in the first week of August. But European producers, including major regional producers as well, did not change their prices significantly, of course there were some minor corrections. The typical price range is 1,020-1,120 €.
On the PPC market there was a high demand through July, due to the low prices. Some polymer producers tried to increase prices slightly, but they did not succeed in this last week. Converters accepted the roll over. The market accepted minor price corrections (by about +10 €) in the southern region and in Hungary, which was the result of the changes of exchange rates. Prices are still within a range of 1,150-1,250 €, depending on the grade and on the type of buyers.
PPR supply is stable, prices followed the monomer prices and remained unchanged. The typical price range is 1,180-1,240 €. In the second half of the month demand is expected to get stronger.
The prices of the last week are presented in the table below (full truck load 20-22.5 t):
Grade name | Typical polymer price ranges in the first week of Aug , 2017, Central Europe (€/ton) |
HDPE BM | 1,020-1,150 |
HDPE Film | 1,000-1,150 |
HDPE IM | 1,010-1,160 |
HDPE Pipe (100) | 1,225-1,340 |
LDPE Film | 1,150-1,220 |
LDPE GP | 1,150-1,220 |
LLDPE C4 | 1,120-1,200 |
PPC | 1,150-1,250 |
PPH IM | 1,020-1,150 |
PPH Raffia | 1,010-1,160 |
PPR | 1,160-1,250 |
GPPS | 1,230-1,420 |
HIPS | 1,400-1,500 |
EPS | 1,360-1,440 |
Polystyrene grades
The 30 EUR SM price reduction surprised the market. But the drop of SM demand is behind this, which is due to the planned and unplanned shutdowns. In this way the supply of each PS grade produced in Europe is short. As monomer prices were published as late as on Thursday only, the first prices were announces only as late as on Friday. In this way the information below reflects only what happened on one day.
EPS supply is particularly short. Converters are ready to jump at monomer and EPS prices alike. All want to buy, as the construction seasons seems to be very good this year. Unfortunately the supply is the bottleneck. No Central European producer could supply enough last week. In this way it is no surprise that they accept even a price increase by 25-30 €. In line with our forecast, there was a price increase exceeding monomer price change by some 60 € last week. The price range is 1,360-1,440 €.
The players of the GPPS market are fumbling around in the dark. Producers have roll over on their mind, while converters would rather prefer a price change following monomer prices. The technical problems of Central European producers affected GPPS production as well. In this way also the supply is low, which means that rather the roll over price scenario is probable through August. There is now established price range for August yet.
The short HIPS supply is counterbalanced by the low demand caused by the summer season. The market is in balance. The first news are about roll over. But the reaction of buyers is a question mark. As import supply is good, but materials produced in Europe are hard to get, the situation experienced in July is expected to remain: prices will split into cheaper products imported from outside of Europe and into European products that are by 100-150 € more expensive. There has been no typical price range established last week (Friday) yet. Typical August price ranges to be established are to be expected next week.
Type | Price |
---|---|
HDPE blow molding | 1076 € / t |
HDPE film | 1102 € / t |
HDPE injection molding | 1077 € / t |
HDPE pipe (100) | 1283 € / t |
LDPE film | 1208 € / t |
LDPE general purpose | 1206 € / t |
PP co-polymer injection molding | 1167 € / t |
PP homo-polymer fiber | 1060 € / t |
PP homo-polymer injection molding | 1071 € / t |
PPR | 1212 € / t |
GPPS | 1315 € / t |
HIPS | 1425 € / t |
EPS | 1365 € / t |
myCEPPI – a new voice and new approach on the plastics industry consulting and business intelligence market. With our expert advice, you can get a detailed, up-to-date and tailor-made picture of the Central and Eastern European plastics market and its main trends, data, news and key players.
Our services rely on our personal, regular and in-depth relations with players of the CEE plastics industry.
Each month, we conduct hundreds of interviews and telephone calls with industry players – plastics converters, traders, resin manufacturers – and we are also present at the biggest regional plastics trade fairs and conferences.
The information we collect in the process forms the basis of our weekly price report and market analysis; it feeds into our plastics industry company database; and it serves as the starting point for our multi-level consulting services for companies that need help sizing up, entering or navigating a specific market.
Our experts possess decades of plastics industry experience, as well as fluency in several regional languages.
Our partners include
- key players of the CEE plastics industry – the resin
- master-batch and machinery manufacturers
- distributors, and plastics converters that shape market trends across the region.
We would be happy to welcome you as a partner; please do not hesitate to contact us!
(László Büdy, Managing director, head of consulting)
Price history
- 2024:
- 2023:
- 2022:
- 2021:
- 2020:
- 2019:
- 2018:
- 2017:
Latest Classifieds
Cooperation: Free production capacity on injection molding and extrusion line
04.04.2024 | ID: 202418891
Top Advert-
05.03.2024 | ID: 202418726
Top Advert -
26.04.2024 | ID: 202419032
For Sale: PA6 Slovamid 6 FRC 2 LS original orange, gray
26.04.2024 | ID: 202419031
For Sale: PP regranulate color green, blue MFI 8-12
25.04.2024 | ID: 202419030
-
24.04.2024 | ID: 202419027
For Sale: Plastic regrind black PPPE,350€/t
24.04.2024 | ID: 202419026
For Sale: PBT regranulate, natur
24.04.2024 | ID: 202419025
-
23.04.2024 | ID: 202419024
-
26.04.2024 | ID: 202419032
To purchase: Package quality LDPE film. 500 t/month
22.04.2024 | ID: 202419013
To purchase: Dirty granulates from ground
22.04.2024 | ID: 202419011
To purchase: PPSU regrind banner
17.04.2024 | ID: 202418988
To purchase: POM C regrind colour, white, natur
17.04.2024 | ID: 202418986
To purchase: PC and PMMA waste, regrinds, lumps etc.
11.04.2024 | ID: 202418943
To purchase: PET transparent trays, only Central Europe due to shipping costs
10.04.2024 | ID: 202418939
To purchase: PA6.6 GF25, TECHNYL A218, original
09.04.2024 | ID: 202418928
-
09.04.2024 | ID: 202418927
-
05.03.2024 | ID: 202418726
Top Advert For Sale: PA6 Slovamid 6 FRC 2 LS original orange, gray
26.04.2024 | ID: 202419031
For Sale: PP regranulate color green, blue MFI 8-12
25.04.2024 | ID: 202419030
-
24.04.2024 | ID: 202419027
For Sale: Plastic regrind black PPPE,350€/t
24.04.2024 | ID: 202419026
For Sale: PBT regranulate, natur
24.04.2024 | ID: 202419025
-
23.04.2024 | ID: 202419024
-
22.04.2024 | ID: 202419021
For Sale: PA 6.6 Ultramid A3U42G6 grind
22.04.2024 | ID: 202419020
Upcoming Events
06.05.2024 - 10.05.2024 | Orlando
Saudi Plastics and Petrochem 2024
06.05.2024 - 09.05.2024 | Rijád
06.05.2024 - 09.05.2024 | Stuttgart
07.05.2024 - 10.05.2024 | Budapeš
07.05.2024 - 10.05.2024 | Budapest
13.05.2024 - 17.05.2024 | München
14.05.2024 - 17.05.2024 | Jönköping
14.05.2024 - 16.05.2024 | Rheda-Wiedenbrück
Romexpo Metalshow TIB- Bucharest 2024
14.05.2024 - 17.05.2024 | Bukureš
22.04.2024
22.04.2024
23.04.2024
23.04.2024
23.04.2024
Job offers
Moulding Machines Setter - Tristone Flowtech Slovakia s.r.o.
11.04.2024
Plastic worker, gluing staff - FORM s.r.o.
10.04.2024
Logistics, warehouse and shipping supervisor - KNP s.r.o.
09.04.2024
Warehouseman - AIS Automotive Interior Systems Slovakia s.r.o.
09.04.2024
Sales representative / sales specialist - Plastcom, spol. s r.o.
04.04.2024
Maintenance and operation of the production line - Plastcom, spol. s r.o.
04.04.2024
Quality control technician - ESOX-PLAST s.r.o.
04.04.2024
Master of professional training - ESOX-PLAST s.r.o.
04.04.2024
Store manager - Ecocycle s.r.o
25.03.2024