HC plastic mesh : Compared to the excessive cost of uncooked materials in January and the tight supply scenario in the Center East distributor, stated in February the value of polymers is not expected within the fall, but additionally up 130-250 dollars / ton. Some customers have already accepted the very fact, due to continued tight provide within the Center East area with the manufacturing of various problems equivalent to interference, high costs also makes sense.
A user in Saudi Arabia, said the company has maintained a low stock value fell to expect, though not happen as expected polymer prices down, but we are nonetheless on the present bargain costs, because the company has been the pressing want for additional little surplus inventory.
Rising prices in all, the polyethylene (PE), the biggest enhance costs, the Gulf Cooperation Council (GCC) and the Eastern Mediterranean (Eastern Mediterranean) and low density polyethylene (LDPE) was up 250 U.S. dollars / ton, or as much as 19% of the 1550-1600 U.S. dollars / ton (CFR). Gulf Cooperation Council’s high-density polyethylene ( HDPE ) And Linear low density polyethylene ( LLDPE ) Elevated by 130 U.S. dollars / ton to 1,350 U.S. dollars / ton worth, the Japanese Mediterranean area reach the 1400-1420 U.S. refinery dollars / ton. Polystyrene ( PS ) Considerably elevated 200 U.S. dollars / ton, or 14% to ,540-1, 560 U.S. dollars / ton, excessive-impact polystyrene (HIPS) to achieve 1,640-1,670 U.S. dollars / ton. Polypropylene (PP) rose as excessive as 130 U.S. dollars / ton to 1300-1320 U.S. dollars / ton.
Provide in current weeks as crude oil and naphtha costs caused by tight, ethylene, propylene and styrene and different raw materials costs have been rising within the state of those. Because Saudi Arabia due to power provide issues and the forthcoming From February to March of maintenance resulted in a two-month interruption in manufacturing, polymer supply scarcity for the Center East, PE, PP, PS costs have created situations for. In Asia and Europe, the price will increase is to advertise the Middle East suppliers provide up another essential issue.
The key to China’s market value, the efficiency of suppliers are very careful, as a result of the Lunar New 12 months holidays in mid-February got here quickly, for the worth of polymers, and market developments, there is a lot identified components.
Dubai’s PE dealers mentioned polymer market in February, when any adjustments occur, so we can not let the inventory on the low, we are trying ahead to Chinese language New 12 months to make the buying power of China slowdown The government’s tightening of credit measures can cause lower prices, however present situation is a different state.
For the polymer market, the Gulf Cooperation Council for the constructive factor is that demand is stable. Nonetheless, the jap Mediterranean, the outlook blended. In Syria and Jordan, is reasonably low, as many dealers have relied on the purchases last month, but in Egypt and Lebanon, the demand is very strong.
Main polymer producers, including the Center East, Saudi Primary Industries Corporation (SABIC), the equivalent of Kuwait, Saudi Polyolefins Company and Nationwide Iranian Petrochemical Company.
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