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We offer the following regional Metallocene linear low density polyethylene coverage to keep you informed of factors and developments affecting prices in the Asia Metallocene linear low density polyethylene marketplace.
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China’s polyethylene (PE) weekly average import prices rose by 4-8% in the quarter ended 15 November, with film grade low density PE (LDPE) registering the sharpest hikes on tight supply. Regional LDPE supply was tight in the third quarter because of an unplanned plant shutdown in Thailand and a scheduled plant turnaround in Malaysia, and sharply lower LDPE export volumes from Iran. High density PE (HDPE) blow moulding and film grades import prices in China rose 6.5% and 5.7% respectively, because of reduced local production of these grades, and lower export volumes from Iran.
Southeast Asia’s PE weekly average import prices rose by 3.7-5.7% to $1,477-1,665/tonne CFR China in the quarter ended 15 November, with LDPE registering the sharpest hikes amid tight supply caused by an unplanned plant shutdown in Thailand and a scheduled plant turnaround in Malaysia. Rising China’s import prices and tight southeast Asian supplies were the main drivers of the SE Asian price uptrend in the third quarter. Downstream demand in southeast Asia was generally low mainly because sharp depreciation of regional currencies against the US dollars earlier in the year had continued to curtailed purchasing power in southeast Asia.
Updated to mid-November 2013
The ICIS metallocene linear low density polyethylene (MLLDPE) Asia Pacific weekly report gives you the information you need to optimise your trades and formulate your business strategies for the region.
Our information is collected from key industry participants by our global network of market experts, delivering unrivalled coverage of the growing MLLDPE markets in Asia.
What our report covers:
- Price assessments for C6 (butene-based) MLLDPE – CFR China, CFR India main port, CFR southeast Asia
- Analysis on the key factors affecting pricing decisions of buyers and sellers
- Market updates – deals, bids and offers
- Offer prices for imported C6 MLLDPE in the Chinese domestic market – quotes in Chinese yuan, ex-warehouse
- Transaction prices, bids and offers for octane-based (C8) MLLDPE in China and southeast Asia – quotes in US dollar, CFR China and CFR southeast Asia
- Offer prices for Thai-produced C8 MLLDPE – quotes in Thai baht
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Metallocene linear low density 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.
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 Metallocene linear low density 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.