m-LLDPE Price Trend and Forecast
Get the latest insights on price movement and trend analysis of mLLDPE in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
m-LLDPE Price Trend for the H1 of 2023
Asia
The Asian market observed a declining trend in the prices of mLLDPE in the first and second quarters of 2023. The price trend of mLLDPE was majorly affected by the region's slow demand and strong supply of the product. In addition to this, the packaging and related industries also reduced their number of offers, and as a result, the level of inventories rose, thereby impacting the prices of mLLDPE in the region.
Europe
In the first two quarters of 2023, the mLLDPE prices subdued gradually in Europe. The European region witnessed a high level of inventories and slow movement of the downstream industries. However, the trend stabilized towards the end of the first quarter, and the percentage of decline also improved. This stabilization of falling prices towards the end of Q2 was attributed to the improving demand sentiments of mLLDPE in the region.
North America
The North American market was stagnant in terms of the price trend of mLLDPE. The stable trend of the mLLDPE market was supported by the consistent demand from the packaging and related industries. However, steeply declining natural gas and crude oil prices greatly impacted market sentiments. With several economic shutdowns and shadows of recession, the price trend of mLLDPE suffered in the latter half of the first quarter and throughout the second quarter of 2023.
Analyst Insight
According to Procurement Resource, the price of mLLDPE is expected to showcase a mixed trend in the upcoming quarter. The demand from the end-user industries is estimated to remain uncertain in the coming months.
Procurement Resource provides latest prices of m-LLDPE. 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.
Linear low-density polyethylene made using metallocene catalysts is known as metallocene linear low-density polyethylene (m-LLDPE). Compared to traditional LLDPE, it has special qualities such improved tensile strength, impact resistance, and puncture resistance. Because of its narrower molecular weight distribution, m-LLDPE is easier to process and has better optical clarity. Due to these characteristics, it can be used for a variety of applications that call for high performance and exceptional mechanical characteristics, such as flexible plastic goods, industrial liners, and packaging films.
Report Features | Details |
Product Name | m-LLDPE |
Industrial Uses | Packaging films, Agriculture films, Geomembranes, Flexible pipes |
Chemical Formula | (C2H4)n |
HS Code | 39011010 |
CAS Number | 9002-88-4 |
Molecular Weight | 2000,000-5000,000 Daltons |
Supplier Database | REPSOL QUIMICA, S.A, Ineos, PTT Group, Daelim Industrial Co., Ltd., Chevron Phillips Chemical Company, SABIC, Gas Authority of India, Prime Polymer Co., Ltd |
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.
In this process, a metallocene catalyst is used to catalyze the copolymerization of ethylene and the comonomer 1-hexane. To create mLLDPE, this procedure is carried out under low-pressure polymerization.
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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