September has seen a generally soft tone across packaging films, with demand improving only modestly after the summer period.

Overall pricing remains broadly stable, although some grades may see selective firmness where feedstock, freight or availability pressures apply.

Geopolitical risk and logistics uncertainty continue to influence sentiment, but the market remains well supplied and buyers are still cautious. In most cases, weak downstream demand is limiting the ability of producers to push through increases.

Escalating tensions in the Middle East are a cause for concern though prices seen in March and April are not likely to return. Buyers are concerned, but not panicking.