Two European producer of polypropylene (PP), who prefer to remain unnamed, at the end of last week has stopped taking orders for the current month due to good demand for the material in the market, sources told ICIS Company.

One of them, producing and polyethylene (PE), said he also closed orders for January delivery and PE.

Demand for polyolefins, the European market was good in January, and the sellers, especially the PP, confident that he will continue to grow in the first quarter and beyond.

Some market sources believe that the current consumer boom caused by the desire to replenish the material before the scheduled stops on prevention, which can lead to limited supply on the market in the first half.

According to the price review ICIS-MRC, the Russian market of PP last week marked a slight increase in buying activity in the domestic market. But in general, the requirement of the polymer is low, which is typical for the current season. PP Supply is still excessive, although the excess is no serious pressure on prices. Some manufacturers are hoping that demand for PP will grow in February and the market balances out. In the Russian market the PE demand is still very low, at the same time, this situation is typical for the current time period. Volumes polyethylene purchases by refiners minimum, and indeed the demand for finished products. Last week, the continued correction in prices in the local PE market. And it recorded as a decrease in prices and a slight increase.