ICIS launches the 2016 version of the China Polyolefins Annual Studies

11 July 2016

ICIS, a leading authority on the Chinese petrochemical and global markets, has updated its China polypropylene (PP) and polyethylene (PE) annual studies for 2016. The updated insights into China’s PP and PE markets provide comprehensive data and analysis of this important region, with forecast data on supply and demand for up to 2020. China’s PP production was up by 14% in January-April 2016 versus the same four months last year, with imports falling by 20% on the same year-on-year basis. January-April imports in 2016 were at their lowest level in six years. Northeast Asia and the Middle East volumes to China have fallen substantially, while China’s PP exports were 29% higher year on year in January-April 2016 at 89,000 tonnes. At the same time, coal-based Polypropylene has demonstrated stability in supply, similarity in product quality and acceptance by downstream sectors such as plastic pellet and plastic bag producers. As for PE, there are few PE capacity additions in 2016 and early 2017. Against this lack of supply is strong demand growth. The key Chinese market continues to surprise on the upside. PE demand growth remains very robust in China, despite the continued slowdown in economic growth. As China’s polyolefins markets continue to evolve, the new versions of the annual studies address the following questions:

  • How did the overall Chinese PE and PP industries perform in 2016 and what impacts were there on the global market?
  • Where do margins stand and how competitive are the prices of different feedstocks?
  • What is the operating rate and production outlook of polyolefin plants, especially for coal-based producers?
  • What is the downstream market acceptance for coal-based production?
  • What is driving demand in China’s domestic market?

Produced by our team of locally stationed experts, with expertise from our global analytical team, both studies have been updated to reflect current developments and the latest data to help international players identify and evaluate opportunities in the Chinese market.

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About ICIS

ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts.

With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. Some 350 of ICIS’s staff are journalists engaged in reporting market prices and news, and ICIS is fully committed to upholding the highest journalistic principles of verification, corroboration and authentication. ICIS has a compliance framework that along with its methodologies and business processes adheres to the requirements of the IOSCO PRA Principles.

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In-depth Studies for Chinese PP and PE markets

Comprehensive analysis of China’s polyolefins markets

With data, commentary and forecasting directly from the region up to 2020

Identify risks and opportunities

Whether you are a global producer, end-user of PP/PE products or an international trader, the annual studies allow you to confidently plan your strategy in the short- to medium-term

Understand the factors driving the Chinese market

Get expert analysis of the driving forces behind supply and demand for PP and PE, including downstream trends and local government policy changes

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