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m-LLDPE (Metallocene Polyethylene) Price Trend and Forecast

Regional Market Overview

Get the latest insights on price movement and trend analysis of m-LLDPE (Metallocene Polyethylene) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

m-LLDPE Price Trend for the October - December of 2023

Asia

The prices for m-LLDPE saw some minor fluctuations in the last quarter of 2023. Initially, the market was driven on the back of the rising cost of feedstock LDPE, ethylene, and upstream crude oil. The first two months also enjoyed heightened demand from the downstream automotive, construction, and automotive industries. However, the rerouting of trade routes due to escalating tensions between Israel and Hamas and the blockage of the Red Sea route led to a fall in export rates of m-LLDPE, which had a significant impact on the m-LLDPE Price Trend.

m-LLDPE (Metallocene Polyethylene) Price Trends and Forecast

Europe

The prices for feedstock of m-LLDPE appreciated by a significant margin in the first month of the last quarter, throughout Europe, mainly due to higher costs for ethylene and remarkable fluctuations in the prices of crude oil. However, owing to the poor demand, the traders soon had to revise their m-LLDPE price quotations. The interest of consumers might not have increased much in the m-LLDPE market, but the cost of manufacturing rose steeply. However, it benefited the m-LLDPE prices only during the early phase as the prices oscillated heavily towards the end of the last quarter.

North America

The US prices for m-LLDPE increased as a result of rising ethylene feedstock costs brought on by increased demand from the packaging and automotive industries. Global prices for m-LLDPE generally increased in response to changes in the price of crude oil. There was still a strong market demand for US m-LLDPE in the overseas industries, with substantial exports to South America, Europe, and Mexico. The surge in demand can also be attributed to geopolitical concerns, which include the attack on Israel by Hamas as the disruptions in trade routes and impatience of the consumers supported the uptick in m-LLDPE prices.

Analyst Insight

According to Procurement Resource, the price trend of m-LLDPE are expected to be dependent on the downstream demand of packaging, automotive, and polymer industries but, moreover, will be driven by the efficient functioning of the trade routes.

m-LLDPE Price Trend for the July-September of 2023

Asia

In Asian countries, the mLLDPE price trend declined in the first half of the third quarter as weak demand and excess of mLLDPE supply created a disbalance in the equilibria. The sluggish movement of the Asian economy hampered the growth sentiments of the downstream industries during this phase. However, as the quarter progressed, the mLLDPE graph trajectory escalated on account of rising costs of upstream products and increasing demand from the domestic markets.

Europe

The European countries also struggled with the poor demand from the downstream industries and a slow-moving economy. The consumer sector also seemed to be negatively affected by the start of the holiday season, the rise in living costs, and the rising pressure of inflation. However, the mLLDPE price trend stabilized as the quarter progressed due to a fall in production rates and a restricted supply of feedstock material. In addition to this, the rise in procurement of mLLDPE from the packaging industries, limited imports, and the overall positive outlook of the market, resulted in the incline in the mLLDPE price trend.

North America

The initial decline in the mLLDPE price trend was a consequence of falling demand for mLLDPE from the downstream industries and poor performance of the feedstock prices. The substantial rise in inflationary pressure and interests charged by banks, along with oscillating consumer spending habits and a lower number of inquiries caused the mLLDPE price trend to fall. However, with the restrictions in the supply chains, limited availability of the product in the market, and a significant shift in its demand in the second half, the mLLDPE price trend surged.

Analyst Insight

According to Procurement Resource, the price trend of MLLDPE are expected to oscillate in the upcoming quarters as the demand for mLLDPE and pressure of inflations seems to be a challenge for the mLLDPE market.

m-LLDPE (Metallocene Polyethylene) Price trend for the First Half 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 m-LLDPE (Metallocene Polyethylene) 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 m-LLDPE (Metallocene Polyethylene) 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 (Metallocene Polyethylene). 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.

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About

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.

Product Details

Report Features Details
Product Name m-LLDPE (Metallocene Polyethylene)
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.

Production process

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.

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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  • Price Across Multiple Locations
  • Market Insights
  • Download Data in Excel Format
  • Short Term Price Forecasts
  • Prices of More than 400 Commodities and Utilities

Get in Touch With Us

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UNITED STATES

Phone:+1 307 363 1045

flag
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Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

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