Product
M-LLDPE (Blown Film) Price Trend and Forecast
M-LLDPE (Blown Film) Price Trend and Forecast
Regional Price Overview
Get comprehensive insights into the M-LLDPE (Blown Film) market, with a focused analysis of the M-LLDPE (Blown Film) price trend across Asia, Europe, North America, Latin America, and the Middle East & Africa.
M-LLDPE (Blown Film) Price Trend for the Q1 of 2024
The Asian m-LLDPE (blown film) prices moved towards the upper end of the pricing spectrum during the first quarter, particularly in Asian countries, with some slight variations monthly. In India, the prices settled at approximately at around 1308 USD/MT in March from an average of around 1298 USD/MT in January. The traders noted a rise in the cost of transportation due to the re-routing of traditional trade routes, asserting a cumulative effect on the pricing spectra of m-LLDPE during Q1 of 2024.
M-LLDPE (Blown Film) Price Chart
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In China, m-LLDPE (blown film) prices initially surged but stabilized as trading activities slowed ahead of the Lunar New Year holiday, prompting early shutdowns at downstream factories. Despite attempts by some suppliers to raise prices due to increased upstream costs, freight expenses, and constrained availabilities from the US and the Middle East, acceptance remained limited amid sluggish market conditions and reduced downstream demand.
Optimism prevails for post-holiday demand recovery, especially with the looming peak season for downstream agricultural firms in March. Positive macroeconomic developments expected by the end of February may alleviate market pressures, yet full buyer enthusiasm post-holiday could be delayed, potentially leading to a market equilibrium between elevated costs and moderate demand in the latter half of the month. Import availability of m-LLDPE (blown film) from the Middle East is forecasted to remain restricted in the coming months due to ongoing and upcoming maintenance turnarounds in the region.
Analyst Insight
According to Procurement Resource, the price of M-LLDPE (Blown Film) is expected to oscillate as the drivers of the m-lldpe (blown film) market are postulating rising uncertainties in the market.
Procurement Resource provides latest prices of M-LLDPE (Blown Film). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Metallocene Linear Low-Density Polyethylene (m-LLDPE) is made possible using metallocene catalyst technology and is distinguished by its distinct molecular structure. Its remarkable qualities, including its exceptional strength, resistance to punctures, and toughness, make it perfect for a range of industrial uses. Because of its superior flexibility, seal ability, and heat-sealing capabilities, m-LLDPE is a good choice for packaging materials, including bags and films. Its exceptional resistance to chemicals and ability to act as a barrier against gases and moisture prolongs the shelf life of products.
Product Details
| Report Features | Details |
| Product Name | M-LLDPE (Blown Film) |
| HS Code | 3901 |
| Industrial Uses | Agriculture, Packaging, Construction, Medical |
| Supplier Database | SABIC, Exxon Mobil Corporation, Brentwood Plastics Inc, Chevron Phillips Chemical Company, Univation Technologies, TOTAL Petrochemicals USA Inc, INEOS, DowDuPont Inc |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Process
- M-LLDPE (Blown Films) Production
Blown films, also known as tubular films, are typically formed by first pressuring out m-LLDPE plastic through a tubular die, which is then further stretched and blown with air. This process eventually results in the formation of thin-walled films. When the air exits and the film cools, the thin plastic is then rolled through a line of rollers to flatten the layers and give the final m-LLDPE blown films.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
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