Chlorinated Polyethylene Price Trends and Forecast

Chlorinated Polyethylene Regional Price Overview

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

Chlorinated Polyethylene Price Trend for the Q1 of 2024
 
Asia

During the first quarter of 2024, the chlorinated polyethylene (CPE) market in Asia was characterized as moderate. Buyers had the advantage since the prices sustained a borderline stagnancy, indicating stable cost and profit margins. In the upstream outlooks, the polyethylene prices surged, which pushed the costs up slightly; concurrently, chlorine’s market was more or less stable. Therefore, chlorinated polyethylene’s price performance improved in the said quarter. However, consumer response in Asian markets did not meet expectations.
 

Chlorinated Polyethylene Price Chart

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The prices of CPE in India were influenced marginally by rising production and crude oil costs. In China, impending capacity expansions are expected to further strengthen the supply dynamic in the region. Asia is likely to dominate global chlorinated polyethylene production, with the market remaining relatively stable overall during the period under consideration.

Europe

The pricing outlook for chlorinated polyethylene was not much different from the Asian markets. However, the demand outlooks were struggling more here. The industrial activity in the region was trembling attributed to the supply chain hindrances and ongoing uncertainties in the political scenarios. This kept the downstream demands restricted. The rise in economic inflation and energy costs pushed the manufacturing costs up. However, a humble demand outlook kept the prices contained for the majority of said period.

North America

In contrast with the Asian and European markets the American chlorinated polyethylene market performance was more on the weaker side during the first quarter of 2024. Despite spikes in crude oil prices, trade uncertainties at global levels dampened demand, exacerbated by inflated inventories. Even with occasional temporary upticks, the market sentiments remained meek for the majority of the said period.

Analyst Insight

According to Procurement Resource, the market trajectory is likely to become more streamlined in the coming months. Supply pressure from the inventories is likely to increase.

Procurement Resource provides latest prices of Chlorinated 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.