PE Prices and News
Saudi PP, PE markets reverse course in Feb after 8 months, maintenance schedule busy in Mid-East by Başak Ceylan and Esra Ersöz
Saudi producers started announcing their February PP and PE offers to their local markets, which suggest increases for the first time since May 2022, although the slump slowed down in the last quarter. Expectations remained firm and several players forecast increases similar in size to what have so far been announced in Saudi Arabia and Jordan... 01-02-2023
PP and PE markets set to rebound from two-year lows in Europe by Manolya Tufan
Firmer expectations have come to the forefront in Europe’s PP and PE markets following a 2-month long downtrend. Regional suppliers intend to issue hikes in February, pointing to higher monomer expectations, supply cutbacks as well as firming in other global markets. This has already led to a shift in the market sentiment, spurring demand for resins... 30-01-2023
India’s import PP, PE markets rebound in Jan after several months of declines by Shibu Itty Kuttickal
Import prices of PP and PE in India have risen from previous month’s levels as tightness in supplies, which has resulted in oversold positions, has prevailed over buyer resistance. Indian traders expect the bullishness to continue in the near term, riding on the easing of COVID curbs in China and the infrastructure sops expected in the Indian budget ahead... 26-01-2023
Supply limitations bolster Feb PP and PE outlook in Turkey by Merve Madakbaşı
Polyolefin prices moved further north as 2023 kicked off, with suppliers receiving good demand from their customers for their limited volumes, particularly in the first half of January. Players have already started to discuss the February outlook amid indications from global outlets. They mainly expect markets to retain their strength due to the waning supply in Turkey... 20-01-2023
Weak activities press import PE, PP suppliers for discounts in Egypt by Başak Ceylan
Import PE and PP markets in Egypt started off 2023 with price concessions from suppliers, largely due to tough resistance towards price increase attempts amid weakened activities. Major Middle Eastern producers either rolled over or decreased their offers for PE grades while PP offers for January were down by more than 5% on average from last week... 18-01-2023
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.
Products:
LDPE injection, LDPE film, LDPE general purpose, LDPE lamination, LLDPE C4 injection, LLDPE C4 film, LLDPE C4 film (without additives), LLDPE C4 rotational molding, LLDPE C6 injection, LLDPE C6 film, LLDPE C6 rotational molding, mLLDPE C6, mLLDPE C8, MDPE pipe, MDPE film, HDPE pipe, HDPE pipe (100-natural), HDPE pipe (100-black), HDPE pipe (PE80), HDPE injection, HDPE injection (high MFI), HDPE film, HDPE film (5110 ), HDPE film (7000-F), HDPE film (EX-5), HDPE blow molding, HDPE blow molding (large container), HDPE blow molding (small container).
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