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 Q1 2020
Supply will maintain its length for the foreseeable future, as global supply outstrips demand.
New capacity expansions completed in the final quarter of 2019 have only added to global oversupply.
Local availability may be stretched following year-end destocking but this is unlikely to remain an issue throughout the quarter.
A resurgence in demand in another region, specifically China, might limit offers into Turkey, as China offers better netbacks for most exporters.
There was cautious optimism at the end of 2019, that demand and price levels had reached their lowest workable levels. Then there would be some gradual recovery at the start of 2019, especially as US and China had agreed the first part of a trade deal.
The political turmoil that has been wrought by the US airstrike in Iraq may have countered any improvement in sentiment. It is too early to yet tell how buyers will respond.
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.
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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Use margin reports to assess the profitability of commodities
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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.
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.
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