Market Insight: Is China the new centre of booming PE demand?


China’s PE consumption has almost doubled in the last 10 years to become the world’s largest consumer, and surpassing the EU and the US. While China’s over-reported GDP numbers may not be the best indicator of the country’s performance, geo-political and environmental factors have greatly spurred the demand for recyclable plastics. This Market Insight details the domestic developments that have influenced the demand for PE.

Key topics covered in this Insight include:

  • What does peak demand for end-user products in China mean for the global PE markets?
  • How do government policy and environmental regulation weigh on local polymer demand?
  • How long will the trend of high domestic PE demand last?
  • What will be the impact on operating rates and margins?

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China’s PE consumption has almost doubled in the last 10 years to become the world’s largest consumer, and surpassing the EU and the US. While China’s over-reported GDP numbers may not be the best indicator of the country’s performance, geo-political and environmental factors have greatly spurred the demand for recyclable plastics. This Market Insight details the domestic developments that have influenced the demand for PE.

Key topics covered in this Insight include:

  • What does peak demand for end-user products in China mean for the global PE markets?
  • How do government policy and environmental regulation weigh on local polymer demand?
  • How long will the trend of high domestic PE demand last?
  • What will be the impact on operating rates and margins?

Download the insight now

The perfect tool to inform your purchasing strategy

Given China’s fast-growing economic landscape, ensure that you have the insight and data needed to make better business decisions when securing lower prices for polyolefins.

Produced by the Consulting and Analytics divisions, the ICIS Asia polypropylene (PP) and polyethylene (PE) Price Forecast Reports allows you to:

  • Gain access to a rolling 12-month price forecast, current and historical prices for PP and PE, including spot CFR China prices
  • Understand how upstream/feedstock markets affect the prices and margins of the commodities you are tracking
  • Make sense of major market drivers and their likely impact on chemical markets
  • Spot potential investment opportunities
  • Get a bigger picture of macroeconomic factors that are shaping the chemical markets, with an economic outlook, alternative scenarios and projections, and help you to plan for the future

Enquire about the polyolefins Price Forecast Report
 

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