PE Prices and News
October PE hikes capped by demand concerns; PP tries to hold in Türkiye by Merve Madakbaşı
Import polyolefin prices followed a stable to firm trend over the past week, with sellers’ hike targets being clouded by hesitant demand. Suppliers justified their hike attempts with the previous rally in the upstream chain, which squeezed their margins. Yet, resistance mounted on the buyers’ side amid faltering cost support, not to mention the impact of deep cash issues on resin consumption... 09-10-2023
Cost support fades: Are Asian PP, PE markets on the verge of free-fall? by Merve Sezgün
The Asian polyolefin markets are at a critical juncture as the robust cost support that has long buoyed prices now appears to be waning. A key indicator of this shift is the notable plunge in crude oil prices, as Brent hit as low as $84/barrel and WTI $82/bbl on October 5... 06-10-2023
Europe’s PE markets up for 3rd month on cost pressure, limited supply by Manolya Tufan
PE suppliers approached the market with larger increases than the ethylene’s outcome in line with the expectations. Sellers’ intention to recover their margins brought increases of between €80/ton and €130/ton depending on the grade compared to the €65/ton gain in ethylene settlement... 05-10-2023
Post-holiday PP, PE expectations call for corrections from 6-month highs in China by Thi Huong Nguyen
In China, there is a week-long pause in trading activities in polymer markets as players are celebrating National Day’s holidays, which last until the end of this week. Before the start of the lengthy holidays, sentiment in the country’s polyolefin markets somewhat faltered... 03-10-2023
PP and PE markets set for further hikes in Europe, but clouds remain over derivative demand by Manolya Tufan
Regional players in the PP and PE markets are bracing themselves for another round of hikes in October. Despite the bleak demand outlook, resin prices will follow upstream markets higher, with monomer expectations calling for increases and putting pressure on producer margins... 02-10-2023
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 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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