Following two major Muslim festivals, PP demand in the Middle East is now understandably sluggish. However, there is an expected increase in demand from the United Arab Emirates (UAE) driven by the growing plastics and processing industries. The industry is also seeing more deals now being concluded on a DEL Dubai basis rather than in CFR Dubai.
View the ICIS special report on the Middle East PP markets for a better understanding of market movements within the region. This three-minute video covers the following:
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We offer price assessments and market analysis on the Middle East PP market, including price history, enabling you to understand price drivers and fluctuations, and settle your contract prices more confidently. Information can be accessed online via the ICIS dashboard service. The two new price quotes – DEL Dubai World Central/Jebel Ali – and its midpoint is now included.
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An expert view of supply and demand data for the global PP markets is available via our online supply and demand database. ICIS publishes information on global and regional trade flows, production, capacity and demand from 1978-2030.
The ICIS World Plastics Annual Study gives you an in-depth analysis of past, current and future developments. It includes an analysis of world capacity, production, consumption, trade flows, production economics and pricing for each major product as well as a regional perspective. Supply and demand balances are included as well as information on actual and projected derivative capacities.