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 Q3 2020
Production restrictions remain in place for some Middle East producers. There have also been some production cuts at US producers. Perhaps, most importantly, sellers from all regions have turned their attention to China, as demand climbs there, following the end of the country’s lockdown period. Allocations to Africa have been cut and are likely to remain reduced as long as China continues to maintain its uptrend.
Demand improved at the end of Q2 but has flattened, as night-time curfews remain in place in many larger countries, such as Nigeria and Kenya. The future direction of demand could be affected by how the coronavirus continues to spread. Either way, summer is generally dominated by weak sentiment. In the Sub-Saharan region, the rainy season keeps many consumers off the streets.
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
Independent price assessments and market coverage by region
More information about the historical price data 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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