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mLLDPE price index

This post is a summary of the global mLLDPE price developments. The price developments of global mLLDPE prices are expressed in US$ prices converted FX rates applicable at the time when the price was valid. mLLDPE price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

The outlook for global mLLDPE prices, on the second tab, is generated from different inputs including:

  • Very recent price developments of immediate cost drivers of global mLLDPE prices
  • Recent price developments of underlying feedstocks which drive the price of mLLDPE
  • Market futures for both cost drives and feedstocks of global mLLDPE prices
  • Adjustment of current supply/demand imbalances in the mLLDPE market
  • Longer term trends in likely demand conditions

Further information on the mLLDPE price index

 

According to https://oec.world/ :

Polyethylene are the world’s 53rd most traded product.

In 2018, the top exporters of Polyethylene were Saudi Arabia ($10.7B), United States ($5.97B), Belgium ($4.21B), Germany ($3.1B), and Singapore ($3.06B).

In 2018, the top importers of Polyethylene were China ($10.5B), Germany ($2.99B), United States ($2.61B), Singapore ($2.22B), and Italy ($2.06B).

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Notes on the price-data

  • We are continually improving our data collection and processing methods and data will be updated from time to time as we improve the accuracy
  • We are working hard to upgrade the algorithm before April 1, 2023 and a further fine-tune by July 1, 2023
  • This the index trend of the price of the product group in general and not a single specification in particular
  • The data is presented in US$
  • The chart shows the price trend,  nearly always taken from many statistically-correlated sources