PE Prices and News
Saudi PP market bucks the bullish trend across Mid-East PP, PE markets by Nada Samir and Esra Ersöz
Across the Middle East, PP and PE prices have extended their gains into the second straight month, except from the Saudi PP market, which has marked the first declines since May. Price increases in the rest of the region’s PP markets were not as visible as in PE, while reduced supplies continued to be blamed for the increases despite stagnant demand. Players are now questioning if the recent downturn in the Saudi PP market is a harbinger of a bearish trend that may soon emerge in the rest of the region... 20-08-2024
Stats: S. Korea’s H1 PE exports reach all-time high; surging sales to Vietnam shine by Merve Sezgün
According to data from ChemOrbis Stats Wizard, South Korea’s total PE exports in the first half of 2024 climbed 11% from a year earlier, reaching an all-time high of 1.67 million tons. Among the top partners of South Korean PE, China maintained its position as the top buyer, while surging sales to Vietnam came to the forefront... 12-08-2024
Slack demand looms over sellers’ rollover targets in Türkiye’s PE market by Merve Madakbaşı
Most Middle Eastern PE suppliers approached the market with steady prices for August this week after the uptrend faltered last month due to declining resin demand. Buyers have slightly lower buy ideas, influenced by volatile upstream costs, sluggish derivative markets, and pervasive liquidity issues in the polymer markets... 09-08-2024
India’s import PP and PE markets fall as monsoon strengthens by Shibu Itty Kuttickal
After two months of rising prices, downward pressure on polyolefin prices has returned to the Indian markets, as freight rates have fallen, and monsoon rains have strengthened appreciably. Torrential rains across the Indian subcontinent have led to flash floods and landslides that caused damages to infrastructure as well as loss of lives... 07-08-2024
LyondellBasell details plan to review European assets: More plant closures ahead in Europe by Elif Şahinduran and Esra Ersöz
Facing market challenges, cost pressures, and evolving regulations, European petrochemical producers are undertaking strategic reviews to protect margins and ensure profitability. LyondellBasell, who announced a strategic review of the European assets in early May, has detailed the near- term targets recently. Now that the petchem industry rationalization has evidently kicked off, the question is: how many more plants will face closures across Europe?... 06-08-2024
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 Türkiye, 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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