Whichever regional Polyethylene markets you work in, ICIS offers the thorough pricing information you need to operate with confidence.
Our insights into regional Polyethylene markets are provided by our network of reporters based locally in those markets.
Updated to Q1 2020
Overall supply levels should remain high, although there are likely to be regional variations. New import policy has been enacted in Algeria. any suppliers said they would avoid exporting to the country until it is obvious how the new laws play out. Otherwise, the huge increase in PE production in recent years will mean there will continue to be plentiful supply through 2020.
Following a tepid second half of 2019, many players are hoping for a resurgence of demand in 2020, especially following the first stage of an agreement in the US/China trade war. The US attack in Iraq may have quickly damaged early optimism. It remains to be seen how the market responds to the developing global political situation. Early 2020 should at least see some restocking following clearances at the end of 2019.
We offer the following regional Polyethylene analysis and news coverage to keep you informed of factors and developments affecting prices in the Africa Polyethylene marketplace.
More information about the price reports we publish on Polyethylene
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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.
Low density polyethylene (LDPE) is used predominantly as a packaging film, either on its own or blended with linear low density PE to improve mechanical properties.
The ICIS African polyethylene (PE) report covers import costs and freight (CFR) prices in northern, southern, eastern and western Africa, as well as domestic free delivered (FD) rand prices in South Africa on a weekly basis.
Information is taken from key industry players, such as producers, buyers, traders and distributors.
The ICIS African PE price report focuses on film grades of low density polyethylene (LDPE), linear low density polyethylene (LLDPE) and high density polyethylene (HDPE) but also looks at wider issues and events in the global PE market.
The report provides a benchmark for a number of players, but also gives essential information about the upstream and downstream movements – and offers a global context, helping players make informed decisions.
In the past, African players used a formula based on the ICIS Asian PE report, plus freight, in order to calculate African import prices. But Africa is a diverse continent, with its own supply and demand dynamic, and this method is becoming increasingly outdated.
Currency and freight rate fluctuations also have a large impact on prices.
Consumption in Africa is increasing. Recently, we have seen more producers take steps to build a presence and reputation on the continent, and do more direct business with large consumers, rather than acting through traders.
This ICIS report is essential for those players wanting to stay one step ahead of the game, and offers in-depth analysis of the market and current and future trends. The report brings the most up-to-date news, in terms of pricing movements, consumer demand and changes to supply (such as production updates).
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.
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.
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