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PE Prices and News

Economic&Financial , PP Copolymer , HDPE , LLDPE , Egypt , LDPE , Price , PE , PP Homo , PP

Egyptian polyolefin markets assess impact of new import rules
by Başak Ceylan
The Central Bank of Egypt’s decision to reverse its rules requiring importers to get letters of credit (L/Cs) was welcomed by market players in a bid to improve supplies. However, players largely remained cautious amid a challenging macro-economic environment in Egypt...

PP Copolymer , India , HDPE , LLDPE , LDPE , Asia Pacific , Price , China , PE , PP Homo , PP

Indian PP, PE markets remain bearish ahead of monsoon
by Shibu Itty Kuttickal
Surplus import availability from China, as a result of Beijing’s stern restrictions to stem the spread of COVID-19, has been keeping Indian PP and PE markets bearish, which would likely continue at least for the next couple of months as the monsoon sets in...

Asia Pacific , Price , China , PE , SEA & India , PP

Strong US dollar renders Asian PP, PE imports uncompetitive
by Shibu Itty Kuttickal  and Esra Ersöz
The soaring dollar against global currencies has led to PP and PE imports getting uncompetitive against locally sold products across China, Southeast Asia and India as import costs rise, traders said...

PP Copolymer , HDPE , LLDPE , LDPE , Price , Turkey , PE , PP Homo , PP

Turkey’s PP and PE markets open post-Eid period on bearish note
by Merve Madakbaşı
Polyolefin prices have either ended their uptrend or extended their losses into May, depending on the product in Turkish markets. This is because buying appetite has been disappointing following the Eid al-Fitr holidays as inflationary pressures have made a dent in end product demand...

Price , China , PE , HDPE , LLDPE , LDPE

China import PE markets stay bearish on tightened measures, falling yuan
by Pınar Polat
In China, the downward spiral in the import PE markets has continued this week as demand conditions have remained weak. The country has tightened Covid-19 curbs in some major hubs including Shanghai and the capital Beijing recently, resulting in disruptions in logistics and manpower amid restrictions on the movement of people and materials...

More Free Information on Plastics Industry: Glossary Production Flowcharts
More Free Information on Plastics Industry: Glossary | Production Flowcharts
About ChemOrbis Polyethylene (PE) prices and Plastics News

Polyethylene (PE) is a product group produced by the conversion of ethylene monomer through a process of polymerization. Polyethylene (PE) is the world's most common plastic in use today. It is divided into three groups: Low Density Polyethylene (LDPE), High Density Polyethylene (HDPE) and Linear Low Density Polyethylene (LLDPE)

Low Density Polyethylene (LDPE) is used in greenhouse covering materials, stretch and shrink films while Linear Low Density Polyethylene (LLDPE) is mostly used in packaging and plastic bags. High Density Polyethylene (HDPE), on the other hand, is further divided into film, injection, blow molding and pipe grades and it is used in a variety of products and applications. HDPE film is used in the manufacture of bags and HDPE injection is used in the manufacture of fruit crates. HDPE blow molding is used in the manufacture of cleaning and cosmetic bottles while HDPE pipe is used in infrastructure applications.

When looked at the most important buyer and supplier countries in the Polyethylene (PE) market, the USA tops the list of net PE exporters as it accounts for over 20% of the world’s total PE exports. Although far behind the USA’s share, Singapore, Canada and Belgium follow in the list. China yet again ranks as the biggest importer, accounting for more than 30% of the world’s total PE imports as of 2020. China is followed by relatively smaller markets, such as Turkey, Italy and Vietnam.

ChemOrbis Polyethylene (PE ) prices and Plastics News section contain information on the market trends, as well as supply-demand factors and production costs that determine the pricing, statistics on imports and exports, along with maintenance shutdowns, restarts, and new capacities related to PE facilities.


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