Analysis: Why Did Not Expect The Price Of Plastic In February In The Fall

HC plastic mesh : Compared to the high cost of raw materials in January and the tight

supply situation in the Middle East distributor, said in February the price of polymers is not expected in the fall, but also up 130-250 dollars / ton. Some customers have already accepted the fact, because of continued tight supply in the Middle East region with the production of various problems such as interference, high prices also makes sense.

A user in Saudi Arabia, said the company has maintained a low stock price fell to expect, though not occur as expected polymer prices down, but we are still on the current bargain prices, because the company has been the urgent need for additional little surplus inventory.

Rising prices in all, the polyethylene (PE), the largest increase prices, the Gulf Cooperation Council (GCC) and the Eastern Mediterranean (Eastern Mediterranean) and low density polyethylene (LDPE) was up 250 U.S. dollars / ton, or up to 19% of the 1550-1600 U.S. dollars / ton (CFR). Gulf Cooperation Council's high-density polyethylene ( HDPE ) And Linear low density polyethylene ( LLDPE ) Increased by 130 U.S. dollars / ton to 1,350 U.S. dollars / ton price, the Eastern Mediterranean region reach the 1400-1420 U.S. dollars / ton. Polystyrene ( PS ) Significantly increased 200 U.S. dollars / ton, or 14% to ,540-1, 560 U.S. dollars / ton, high-impact polystyrene (HIPS) to reach 1,640-1,670 U.S. dollars / ton. Polypropylene (PP) rose as high as 130 U.S. dollars / ton to 1300-1320 U.S. dollars / ton.

Supply in recent weeks as crude oil and naphtha prices caused by tight, ethylene, propylene and styrene and other raw material prices have been rising in the state of these. Because Saudi Arabia due to power supply issues and the forthcoming From February to March of maintenance resulted in a two-month interruption in production, polymer supply shortage for the Middle East, PE, PP, PS prices have created conditions for. In Asia and Europe, the price increases is to promote the Middle East suppliers offer up another important factor.

The key to China's market value, the performance of suppliers are very careful, because the Lunar New Year holidays in mid-February came soon, for the price of polymers, and market trends, there is too much identified factors.

Dubai's PE dealers said polymer market in February, when any changes occur, so we can not let the stock at the low, we are looking forward to Chinese New Year to make the purchasing power of China slowdown The Government's tightening of credit measures can cause lower prices, but current situation is a different state.

For the polymer market, the Gulf Cooperation Council for the positive factor is that demand is stable. However, the eastern Mediterranean, the outlook mixed. In Syria and Jordan, is rather low, as many dealers have relied on the purchases last month, but in Egypt and Lebanon, the demand is very strong.

Major polymer producers, including the Middle East, Saudi Basic Industries Corporation (SABIC), the equivalent of Kuwait, Saudi Polyolefins Company and National Iranian Petrochemical Company.

Analysis: Why Did Not Expect The Price Of Plastic In February In The Fall

By: frbiz2@163.com

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