Polyethylene Prices, markets & analysis
ICIS experts put the southeast Asian polyethylene (PE) market under the spotlight with a comprehensive coverage of both domestic and import prices broken down by country – Indonesia, Malaysia, Thailand, Vietnam and the Philippines.
Use ICIS information to:
- Gain enhanced insight into the southeast Asian PE markets
- Understand and compare country-specific domestic and import prices
- Benchmark your transactions in each of the key countries in the region
Polyethylene news and market information products from ICIS
We offer the following regional Polyethylene coverage to keep you informed of factors and developments affecting prices in the South East Asia Polyethylene marketplace.
Price Reporting – More information about the price reports we publish on Polyethylene
Independent price assessments and market coverage
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News & analysis
News & Analysis - News & market analysis specifically relating to Polyethylene
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Southeast Asia’s PE weekly average import prices rose by 3.7-6.0% to $1,510-1,685/tonne CFR (cost & freight) SE (southeast) in the quarter ended 15 November, with LDPE registering the sharpest hikes amid tight supply caused by an unplanned plant shutdown in Thailand and a scheduled plant turnaround in Malaysia. Rising China’s import prices and tight southeast Asian supplies were the main drivers of the southeast Asian price uptrend in the third quarter. Downstream demand in southeast Asia was generally low mainly because sharp depreciation of regional currencies against the US dollars earlier in the year had continued to curtailed purchasing power in southeast Asia.
Updated to mid-November 2013
ICIS publishes a weekly report on the southeast Asian PE markets, including all the latest prices, market news and analyses.
Whether you are a producer, seller or buyer of PE within the region, this unique report is beneficial as it offers a valuable price benchmark for domestic trades in key southeast Asian countries, and provides detailed insight into the dynamics of individual markets. You can use this report to stay informed on supply and demand levels and anticipate changes in market sentiment.
The ICIS southeast Asia PE price report includes:
- Market coverage of key southeast Asian countries: Indonesia, Malaysia, Thailand, Vietnam and the Philippines.
- Domestic and import assessed spot prices for key PE grades: LDPE film, LLDPE film and HDPE film
- Feedstock and production news updates
- Weekly overview on supply/demand dynamics and trading activity
Southeast Asia’s PE resin import demand was weak throughout the first quarter, with demand capped by sharply weakened regional currency values, compared against the US dollar. Indonesia’s trading activity was also hampered by local logistics problems created by floods and a volcano eruption on Java Island, while demand in Thailand was severely hit by political uncertainty.
The weekly average prices of film grade LDPE and LLDPE resins fell by 3.6% and 1.0% respectively in the quarter amid the weak demand. HDPE film, injection and blow moulding grades traded 0.3-1.0% higher in the quarter mainly because of reduced production in Thailand following scheduled maintenance at PTT Global Chemical’s plants in February.
HDPE film, injection and blow moulding grades were trading at a weekly average of around $1,550/tonne CFR SE (southeast) Asia in the week ended 28 March. LDPE and LLDPE film grades were trading at weekly averages of $1,620/tonne CFR SE Asia and $1,555/tonne CFR SE Asia in the week ended 28 March.
Updated to Q1 2014