Stay abreast of the Middle East and south Asia polypropylene (PP) markets.
ICIS offers a wide range of information that can provide short-to-long term solutions for the fast-moving polypropylene industry – from pricing data, news and analysis, to supply and demand forecasts.
Updated to Q4 2018
Supply levels within the Middle East in Q4 dropped from October onwards, following some unexpected outages at regional units. One producer facility was shut following a major fire at a nearby unit and stayed shut through the quarter. Two other PP units also encountered unplanned shutdowns in October that limited allocations to markets worldwide, including the Middle East. Regional producers cited limited availability as a factor to maintain prices through October and November but struggled to achieve hikes. Tightness in availability failed to provide any upward support to prices towards the end of the quarter, as the traditional year-end lull had a greater bearing on prices.
Demand in the GCC and East Med in early Q4 held similar to Q3 levels, with no significant improvement despite initial expectations of a buying surge after the summer lull. Downstream demand in the GCC stayed soft in the backdrop of a sluggish economy, and uptake was restricted to a need-to basis. Demand weakened towards the end of Q4, as attempts to maintain lean stocks at the end of the year curbed offtake. East Med demand stayed weak amid weak demand for finished goods in key regional markets.
We offer the following regional Polypropylene coverage to keep you informed of factors and developments affecting prices in the Middle East-South Asia Polypropylene marketplace.
Price Reporting – More information about the price reports we publish on Polypropylene
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Other types of reports we cover for Polypropylene
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News & analysis
News & Analysis – News & market analysis specifically relating to Polypropylene
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Polypropylene (PP) is one of the most versatile of the bulk polymers. Its intrinsic properties of high stiffness, good tensile strength, good processability and inertness towards acid
ICIS Middle East/south Asia Polypropylene (PP) price report
ICIS publishes a weekly report for the Middle East and south Asia PP markets, covering the latest prices, market news and analysis.
The report includes assessments for commonly traded grades – raffia, fibre, injection film, flat yarn and block copolymer
Insights into the various factors influencing prices are also covered such as downstream plastics and upstream propylene markets, planned maintenance, schedules and outages. Commentaries for China and Europe are also available to give you a better understanding of PP trading activities.
Use these reports to understand price drivers and fluctuations as well as a benchmark when settling contracts.
You can access the pricing information and historical pricing data online via the ICIS dashboard service.
Global plastics annual study
For an accurate view across the market and to support your decisions on future investment or expansion, ICIS publishes a global annual study on plastics detailing how supply and demand is forecast to develop from now until 2025. The study includes reconciled data and expert analysis including trade flows, plant capacities as well as supply and demand data for all key polymers and their respective derivatives.
Compiled by ICIS Consulting using a powerful combination of proven methodologies and industry expertise, the ICIS World Plastics Annual Study is trusted by major market participants across the globe.
Global plastics supply and demand database
This online database provides a single, highly searchable source of detailed historical data as far back as 1978 and forecast data up until 2030 for all key plastics commodities around the globe. The service combines fully reconciled supply/demand, trade, capacity and ownership data to give you multiple views of the market from a global, regional or country specific perspective.
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