The ICIS Turkey PE price report is an essential information source for Turkey-based and international PE market players interested in the growing opportunities in the region.
The comprehensive weekly report provides information on import prices for commonly traded PE grades, as well as a market overview which summarises both upstream and downstream activity.
Updated to Q2 2018
Turkish supply levels have fluctuated throughout the quarter but had little real effect on prices due to weak demand. Low density polyethylene (LDPE) has been well supplied by local producer, Petkim. They have been aggressive on pricing and production levels to maintain market share in this period. Linear low density polyethylene (LLDPE) is also well supplied. High density polyethylene (HDPE) is tight as suppliers focused on HDPE 100 pipe production for supply to the lucrative Chinese market. US sanctions on Iran reduced buying interest in that country.
The announcement of Presidential elections at the end of June took the wind out of the market and demand remained limited throughout the quarter. The religious festival of Ramadan also meant reduced business levels for much of the month of May and June. Most buyers were waiting for the election to be decided at the end of June but were also put off by the weak performance of the Turkish Lira during the same period.
We offer the following regional Polyethylene analysis and news coverage to keep you informed of factors and developments affecting prices in the Turkey Polyethylene marketplace.
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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.
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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.
ICIS publishes a weekly report, providing import spot prices in the Turkey PE market for low density polyethylene (LDPE), linear low density polyethylene (LLDPE) and high density polyethylene (HDPE) film grade of Middle Eastern, Indian and Iranian origin.
The report also has commentaries on prices from other regions including Europe, Egypt, Israel, central, north and southeast Asia and the US for grades such as LDPE, LLDPE, HDPE, HDPE injection moulding, HDPE blow moulding and HDPE pipe 100 and 80 grades, when available.
The report gives weekly updates on the PE feedstock market, supplemented by analysts’ predictions to give market participants the most reliable basis for trade with Turkey.
The ICIS Turkey Polyethylene (PE) price report includes:
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.