PE Prices and News
India’s PP, PE markets extend declines in Sept; will post-monsoon demand kick in? by Shibu Itty Kuttickal
The ongoing monsoon season has dampened sentiment in India's polyolefins markets, with predictions of heavy rainfall through September and October continuing to suppress downstream demand and pressure prices. Traders indicate that the prolonged wet season may continue to weaken sentiment over the next month. However, some voices are anticipating a potential market turnaround, expecting buying for the post-monsoon season to begin by mid-September... 04-09-2024
Stats: EU27’s H1 2024 polymer imports down on year; PVC sees sharpest decline by Manolya Tufan
H1 2024 polymer imports to the EU27 from extra-union partners fell by 6% compared to the same period of 2023. Total polymer imports in the first half declined to around 4.7 million tons, marking the lowest volume since 2021... 02-09-2024
Türkiye’s PP, PE markets on hold ahead of Sept offers by Merve Madakbaşı
Polyolefin markets remained weak throughout August due to persistently subdued demand, resulting in modest discounts on deals. However, lingering logistical hurdles prevented deeper price cuts, with market participants now focusing on September announcements. The outlook hinges on a delicate balance amid supply chain dynamics, global trends, and downstream demand in Türkiye. Meanwhile, most guidelines appeared to be postponed until after the national holiday on Friday... 29-08-2024
Stats: Türkiye’s overall polymer imports down by 7% in H1 on year by Merve Madakbaşı
According to ChemOrbis Stats Wizard Pro, cumulative polymer imports in January-June eroded by 7% to 2.9 million tons from the same period in 2023. The fall came in tandem with macroeconomic struggles at home, let alone the adverse impact of a shipping turmoil that has pervaded the markets since late last year. In H1, Saudi Arabia (586,831 tons), the USA (384,204 tons), South Korea (265,221 tons), Russia (236,652 tons) and Egypt (175,667 tons) were the primary polymer suppliers, with respective market shares of 20%, 13%, 9%, 8% and 6%... 23-08-2024
Europe’s PP, PE markets return from long break on a firmer note by Manolya Tufan
PP and PE markets have extended modest gains into the second month as regional polyolefin players are slowly returning to their desks following a long holiday this week. The summer lull was eclipsed by curbed import flow and regional hiccups, paving the way for hikes during the slowest trading month of the year... 22-08-2024
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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