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PE Prices and News

PP Copolymer , HDPE , Lebanon , LLDPE , LDPE , Price , UAE , PE , PP Homo , Saudi Arabia , Jordan , PP

PP, PE rally fizzles in Mid-East; will prices weaken in April?
by Nada Samir
Middle Eastern PP and PE markets saw March offers from regional sellers with renewed hikes from February amidst higher costs and globally firm sentiment. However, hike requests failed to be sustained in some markets while East Med markets even witnessed discounts from last month. Regarding April, players mostly project softer polyolefin prices...

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

Turkish PP, PE players hold weak expectations for April as slow demand outweighs costs
by Merve Madakbaşı
Polyolefin markets are set to end March on a soft note in Türkiye, with buyers sticking to the sidelines amid muted derivative orders. Most players project softer PP and PE prices for next month, blaming a weak demand outlook and a potential relief in supply, not to mention the impact of the nearing holiday...

Europe , Northwest Europe , HDPE , LLDPE , LDPE , Price , PE , Italy

PE offers revised down on weakening buying interest in Europe
by Manolya Tufan
In Europe, PE sellers yielded to the pressure from deteriorating demand conditions heading towards April. After revealing initial March offers with increases beyond costs in an attempt to recover their margins, regional sellers failed to achieve smooth sales. This was because buyers held back on fresh purchases, citing their existing stocks and subdued downstream consumption...

PP Copolymer , HDPE , LLDPE , Production News , LDPE , China , PE , PP Homo , PP

Will Q2 turnarounds mitigate oversupply in China’s PP, PE markets?
by Merve Sezgün
China's PP and PE markets are poised to undergo a busy maintenance schedule during the second quarter of 2024, which could potentially counterbalance the existing oversupply situation amidst a lack of substantial recovery in demand. This coupled with increased export activity, particularly for PP, has bolstered sellers’ optimism, suggesting potential market support in the coming quarter despite persistent demand challenges...

ABS , HIPS , Northwest Europe , HDPE , GPPS , PE , Italy , PP Copolymer , Import/Export Statistics , Europe , PET , LLDPE , PVC , LDPE , PET Bottle , Focus , PP Homo , PS , PP

FOCUS: Europe’s dependence on polymer imports grows amid lack of competitive power
by Manolya Tufan  and Esra Ersöz
Having lost its net-exporter status around 7 years ago, Europe has been a net importer for all polymers since then, except for PVC. Moreover, the ratio of exports to imports has been falling across the bloc, given declining output amid high production costs and economic slowdown on one side and global capacity additions on the other side...

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 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.


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