PE Prices and News
Stats: China’s 2022 polymer imports lowest in five years by Merve Sezgün
ChemOrbis Stats Wizard suggests that China’s total polymer imports in the January-November period of 2022 were down 10% on the year to 18.1 million tons, the lowest cumulative volume since 2017. Although the December data are yet to be revealed, it is highly likely that the country will end the year with its polymer imports totaling below 20 million tons for the first time in five years... 05-01-2023
Stats: Growth in Turkey’s PP and PE imports falters in 2022 by Esra Ersöz
According to ChemOrbis Stats Wizard, Turkey’s overall PP imports in January-November suggest a yearly decline of 2.6%. Although the December data are yet to be revealed, PP import statistics are highly likely to end the year with a yearly slump. As for PE, January-November data again show a decrease, albeit a relatively minor one, of around 1.7% y-o-y. However, it’s noteworthy that 2022 PE imports may still near the 2021 record... 04-01-2023
China faces PP, PE supply overhang in Q1 amid planned start-ups by Başak Ceylan
According to latest update provided by ChemOrbis Production News Pro, Chinese polyolefin sector is bracing for an astonishing amount of capacity additions. Data show that a huge amount of polyolefin capacity has been delayed from December 2022 to the first quarter of 2023, prompting expectations of increased competition for market share among producers and consequently lower prices... 03-01-2023
New offers delayed until next week in Turkey’s polymer markets by Merve Madakbaşı
A very limited number of import offers were reported this week as the year-end lull became more prominent in PP, PE, PVC and PS markets. Most polymer suppliers elected to delay their announcements for January until next week, while buyers were busy with their book closures and stock takings... 30-12-2022
China, SE Asia PE outlook for Q1 2023: Demand uncertainty to prevail amid Covid, economic woes by Merve Sezgün
China and Southeast Asia’s import PE markets have staged a cautious rebound from more than two-year lows in the final month of 2022, supported by limited import availability and ongoing supply cutbacks. China’s zero-Covid exit provided a further boost to sentiment and led to pre-holiday replenishments as the month wore on... 29-12-2022
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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