Price corrections are expected in Asia as China’s PE prices had abnormally surpassed southeast Asian prices in the last quarter of 2016. However, numerous scheduled plant maintenance and production issues in Asia, Saudi and the Middle East could reduce supply and provide support for PE prices. Trade activity might pick up after Lunar New Year holiday at the end of January should restocking activity resume, as most converters had been holding low inventory.
New supply coming up in India in Q1 2017 is likely to lead to increased domestic supply. New capacity is also expected to see an increase in Indian PE exports to the Asian markets.
Demand conditions in the Middle East are less likely to see a change, with prices in these markets expected to be influenced by trends in Asia.
Updated to Q1 2017
Our new 'snapshot' view of supply and demand data for polyethylene (PE), offers an 11 year view on PE, revealing producers’ manufacturing capabilities enabling you to form an informed view of trade patterns.Find out more
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The exceptional situation in 2015 for polyethylene (PE) and polypropylene (PP) markets plus a series of planned maintenance closures this year are affecting decision making for buyers.
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The three main types of polyethylene (PE) are low density PE (LDPE), linear low density PE (LLDPE) and high density PE (HDPE).
HDPE is a thermoplastic white solid whose molecular chains are comparatively straight and closely aligned. It is resistant to most chemicals, insoluble in organic solvents and has high impact and tensile strength.
LLDPE is a thermoplastic, translucent white solid whose chains are comparatively straight and closely aligned, and has a lower density than HDPE.
LDPE is a thermoplastic white solid which has highly branched and widely spaced molecular chains.
End uses of HDPE include blow-moulding applications such as bottles, packaging containers, drums, fuel tanks for automobiles, toys and house wares. Injection-moulded articles made from HDPE include crates, pallets, packaging containers and caps, paint cans, house wares and toys.
LLDPE's short chain branching gives it higher tensile strength, puncture and anti-tear properties, making it particularly suitable for high strength film applications.
LDPE is used mainly in film applications for both packaging and non-packaging uses. Other markets include extrusion coatings, sheathing in cables and injection moulding applications.
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