Distributor in Germany, said “the Demand was better in the beginning of the month, but buyers are becoming more cautious about buying because they expect further reductions in the coming month,” he said.
Italian manufacturer in the packaging industry, said they have concluded a gentlemen’s agreement for the Western European and southern European markets LDPE film price €150/tonne, which is significantly less than the price in August.
Another Italian manufacturer said ”We only supplied a limited amount of material this month, so we expect a further reduction in October,” said the buyer/