Polyolefins World - October 2011 by GlobalData

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Polyolefins World - October 2011

Summary

The global polyolefins market continued its downward trend from the previous two months with further decrease in demand. Prices also continued to decline on account of low demand and declining feedstock prices.

Scope

- Analyses monthly price trends in Asia and North America region
- Details significant developments in the polyolefin industry

Reasons to buy

- Understand the pricing trend in polyolefin industry in Asia and North America region
- Formulate strategies based on recent changes in the polyolefin industry including plant and company updates.

More Info
									                                                      Polyolefins World - October 2011
        Reference Code: GDCH00025IA                                                                                                            Publication Date: November 2011


        1          Table of Contents
        1    Table of Contents.................................................................1
            1.1 List of Tables .................................................................1
            1.2 List of Figures ................................................................1
        2    Market Overview ..................................................................2
            2.1 Significant Developments ..............................................2
        3    Price Trends In North America .............................................2
            3.1 North America, Polypropylene Prices ............................2
            3.2 North America, Polyethylene Prices ..............................3
        4    Price Trends In Asia.............................................................3
            4.1 Asia, Polypropylene Prices ............................................3
            4.2 Asia, Polyethylene Prices ..............................................4
            4.3 Polypropylene Plants Update ........................................4
            4.4 Polyethylene Plants Update ..........................................5
            4.5 Monomer Company Updates.........................................5
        5    Appendix ..............................................................................6
            5.1 Methodology ..................................................................6
            5.2 Contact Us.....................................................................7
            5.3 Disclaimer......................................................................7



        1.1        List of Tables
        Table 1:        Polyolefins Market, North America, Polypropylene
                        Prices ($/Metric Ton), 2011 ......................................2
        Table 2:        Polyolefins Market, North America, Polyethylene
                        Prices ($/Metric Ton), 2011 ......................................3
        Table 3:        Polyolefins Market, Asia, Polypropylene Prices
                        ($/Metric Ton), 2011 .................................................3
        Table 4:        Polyolefins Market, Asia, Polyethylene Prices
                        ($/Metric Ton), 2011 .................................................4



        1.2        List of Figures
        Figure 1: Polyolefins Market, North America, Polypropylene
                  Prices ($/Metric Ton), 2011 .....................................3
        Figure 2: Polyolefins Market, North America, Polyethylene
                  Prices ($/Metric Ton), 2011 ......................................3
        Figure 3: Polyolefins Market, Asia, Polypropylene Prices
                  ($/Metric Ton), 2011 .................................................4
        Figure 4: Polyolefins Market, Asia, Polyethylene Prices
                  ($/Metric Ton), 2011 .................................................4




                                                                                                                                                     GDCH00025IA / Published NOV 2011
                                                                                                                                                                                      Page 1
Polyolefins World - October 2011
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                                                                              Saudi Kayan owns 20%, with the remaining 45% listed on the
                                                                              Saudi Arabian Stock Exchange, the Tadawul.
        2       Market Overview
                                                                              2.1.2       Polimeri Shuts Polyethylene Plants after
        The global polyolefins market continued its downward trend                        Explosion
        from the previous two months with further decrease in demand.
        Prices also continued to decline on account of low demand and         Polimeri Europa (Polimeri) closed its two polyethylene plants
        declining feedstock prices.                                           and a steam cracker at Dunkirk, France after an explosion
                                                                              occurred at the facility. The cause for the explosion, which
        In North America, the polyolefins market witnessed low demand         occurred on October 21 is being currently investigated. The
        throughout the month of October as uncertainty over the global        shutdown cracker had a capacity of 380,000 Mtpa while the two
        economy took its toll on key downstream sectors such as               polyethylene plants had capacities of 250,000 Mtpa of LLDPE
        manufacturing and consumer goods. Surplus inventory from the          and 180,000 Mtpa of LDPE. Following the shutdown, Polimeri
        past two months compounded the knock-on effect on prices,             has declared force majeure on ethylene and propylene
        which plummeted during the first half of the month inline with        supplies. The closed plants are expected to be operational
        the propylene price decline. This drop saw US Polypropylene           again by mid November.
        (PP) prices match Asian levels but prices stabilized in the
        second half of the month as a result of increased export              3         Price Trends In North America
        demand and lower operating rates at polypropylene plants.
        Polyethylene (PE) prices also declined slightly during the first      3.1      North America, Polypropylene Prices
        half of the month and stabilized as the month progressed.             Polypropylene prices in North America declined by $320-
        The Asian PE and PP market also drooped in October as the             350/metric ton in the first half of October due to reduced spot
        manufacturing sector in China decelerated in response to              demand 
								
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