ICIS has recently produced a whitepaper on Chinese polyolefins, providing a current market overview, which analyses supply and demand balances, expansion projects and an outlook of where the markets are headed.
From being one key drivers of growth in the domestic Chinese markets, China’s polyethylene (PE) and polypropylene (PP) capacity expansions seems to have been on the low in recent times. Given this change in market dynamics, there has been a growing interest on the impact of this development on global industry players. To give you an overview of what’s happening in the markets, we have made a section of the whitepaper available for your preview.
All data in the whitepaper was taken from the China PP and PE Annual Studies.
China’s PE supply
China’s PE capacity expansion is expected to slow down this year, as a number of new plants are likely to push back their start-up plans to 2016. Most of the plants scheduled to come on stream this year are designed to use coal as feedstock and have lost much of their feedstock advantage after the recent declines in international crude oil prices. Access the full whitepaper here
China PP import
China’s PP imports are forecast to decline from 2017 as local demand growth falls behind the domestic capacity expansions. China’s PP import is estimated to grow marginally in 2015-2016, mainly driven by the demand for premium grades such as PP random copolymers that are not widely produced domestically. Access the full whitepaper here
The ICIS China PP and PE Annual Studies offer unparalleled market analysis of China’s dynamic polyolefins industry. An essential read for international players looking to identify and evaluate opportunities in the country, both studies provide you with a clear view of domestic prices, with market analysis to help you assess the current situation of the industry.Enquire about the China Polyolefins Annual Studies
Key questions answered by the China PE Annual Study:
Key questions answered by the China PP Annual Study:
The new ICIS Supply and Demand Window offers an 11-year view on supply & demand and trade flows across 61 petrochemical markets. Through revealing producers’ manufacturing capabilities, the Supply and Demand Window provides an informed view of trade patterns to support your strategic plans, budgets and forecasts.Enquire about Supply and Demand services