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.
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News & Analysis - News & market analysis specifically relating to Polyethylene
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Insight and analysis of factors driving prices.
Updated to Q1 2016
Turkish PE prices started the year on a downtrend, as lower oil prices and weak demand saw offers from suppliers drop. Volatile crude oil and upstream prices made Turkish buyers reluctant to build inventories on the expectation of further drops in the market.
Prices ended their downward trajectory in February when crude oil prices showed signs of firming, and PE prices in other regions started to rise.
Asian ethylene prices increased on the higher crude, and Middle Eastern producers took the opportunity to raise their March offers to Turkish buyers.
Due to low stock levels, Turkish buyers' bids increased to secure stock, which was becoming limited, as better netbacks in Asia drew material from Turkey. Additionally, Iranian imports dropped from mid-March ahead of the Nowruz New Year holiday.
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.
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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.