Polyethylene Prices, markets & analysis
For a clear view of the increasingly important polyethylene (PE) market in Turkey, ICIS offers unrivalled coverage. Our market experts report on prices, bids and offers and give detailed market insight on a weekly basis, allowing you to gain a better understanding of market and price movements.
The ICIS Turkey PE price report is an essential information source for Turkey-based and international PE market players interested in the growing opportunities in the region. The comprehensive weekly report provides information on import prices for commonly traded PE grades, as well as a market overview which summarises both upstream and downstream activity.
Use ICIS information to:
- Gain competitive advantage using unbiased pricing data
- Understand market dynamics in more detail
- Stay informed on supply and production movements
- Gain insight into market trends and make more informed plans
- Anticipate the market drivers that will impact prices
Polyethylene overview Transcript
Polyethylene or PE is mainly sold as small pellets to converters who then heat it up and form it into films, bottles and other useful shapes.
We cover several grades there’s several grades, low density polyethylene or LDPE, supply in the US is the tightest of all the grades and also commands the highest price premium.
Linear low density or LLDPE is next off the value chain for producers, and then there’s high density polyethylene or HDPE for moulding is typically viewed as the baseline commodity grade.
Packaging is another major use for polyethylene. Polyethylene is also used as an application in injection moulding of household goods and pipe extrusion.
In recent years, buyers have been faced with increasing complexity in the polyethylene market.
Different factors of feedstock costs, supply / demand balances and export pricing have come into play at different times.
Pricing increasingly depends on international markets because of the low cost of US feedstocks. Producers will be able to export whatever material they do not sell in the US.
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 Turkey Polyethylene marketplace.
Price Reporting – More information about the price reports we publish on Polyethylene
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
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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.
The Turkish PE market is currently being impacted by fluctuations in the lira, which has seen a dramatic weakening against the US dollar since December 2013 because of on-going political and economic issues in the country.
Domestic demand for finished goods has dropped, and many finished goods manufacturers have reduced production rates to around 50%. Producers from the Middle East continue to send volumes to Turkey, but many prefer to focus on Asia, where netback opportunities are better.
Iranian product is currently in short supply because of logistical and production problems, but this is not having too big an impact on the market due to current low demand levels.
ICIS publishes a weekly report, providing import spot prices in the Turkey PE market for low density polyethylene (LDPE), linear low density polyethylene (LLDPE) and high density polyethylene (HDPE) film grade of Middle Eastern, Indian and Iranian origin.
The report also has commentaries on prices from other regions including Europe, Egypt, Israel, central, north and southeast Asia and the US for grades such as LDPE, LLDPE, HDPE, HDPE injection moulding, HDPE blow moulding and HDPE pipe 100 and 80 grades, when available.
The report gives weekly updates on the PE feedstock market, supplemented by analysts’ predictions to give market participants the most reliable basis for trade with Turkey.
The ICIS Turkey Polyethylene (PE) price report includes:
- Coverage of low density polyethylene (LDPE), linear low density polyethylene (LLDPE) and high density polyethylene (HDPE) film grades
- Weekly assessed spot prices by country origin and duties
- Updates on duty rate changes.
- Summary of political and economic factors impacting prices
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Polyethylene. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
General Polyethylene Methodology Consultation read more >
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Polyethylene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.