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 Q2 2018
Supply levels of polyethylene (PE) were healthy throughout the second quarter, as limited demand never stretched allocations. A maintenance period at the start of the quarter and Ramadan had little effect on prices despite supply levels predicted to be affected. Many Middle East suppliers will cut production levels during Ramadan. This was then followed by complete shutdown during the Eid alfitr holiday period. Supply levels for high density polyethylene (HDPE) film were limited as suppliers focused on HDPE 100 pipe production.
Demand levels were subdued in the second quarter; buyers were fully stocked and were keen to push prices down from high first quarter levels. The combination of Ramadan and the rainy season also limited order levels. Serious flooding took place in some parts of Nigeria and Kenya and end user demand has been particularly affected. Despite Ramadan ending in mid June, most players choose to wait for the end of the Eid alfitr holidays and new price offers at the beginning of July.
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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