Polyethylene Prices, markets & analysis
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
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
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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.
Updated to Q3 2014
Spot prices for Turkish polyethylene (PE) saw several increases throughout July because of limited supply availability caused by the month-long Ramadan period in the Middle East. During this time, there was less availability of shipped cargoes of most grades from the Middle East as well as trucked material from Iran. Low density polyethylene (LDPE) saw further reduction in availability when Turkish producer Petkim entered a 105-day expansion programme for its ethylene cracker on 21 July.
Prices stabilised during August, even though demand levels in Turkey were considerably below expectations. Turkish buyers had adopted extremely cautious purchasing habits for most of this year because of weak end-user demand. Buying appetite was further reduced in August because many market participants expected lower prices on the back of a reduction in the European C2 August contract. This contract is a marker which many in Turkey now look to for a clearer price direction.
With the lira weakening significantly against the US dollar in September, traders in desperate need of working capital liquidated stocks to encourage sales even though demand remained poor. As a result, PE prices eased in September, particularly for shipped cargoes from the Middle East.
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.