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mLLDPE supply in the Southeast Asian market remained limited throughout the quarter on the back of the extended plant outages and supply constraints from its major exporters based in the US, due to temporary outages caused by Hurricane Laura.
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mLLDPE Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Market Overview Quarterly Update on Global mLLDPE Market Asia mLLDPE supply in the Southeast Asian market remained limited throughout the quarter on the back of the extended plant outages and supply constraints from its major exporters based in the US, due to temporary outages caused by Hurricane Laura. As several plants in Southeast Asia announced maintenance turnarounds in the middle of the quarter, the region marked limited shipments of cargoes in the September end. Get more info : https://www.chemanalyst.com/Pricing-data/metallocene- linear-low-density-polyethylene-mlldpe-59
mLLDPE Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Many international suppliers were heard closing their contract deals after the weeklong mid-Autumn in the nation. Despite the supply shortage, many buyers in the region refrained from entering into any new spot deals. In India, mLLDPE prices on CFR JNPT basis for the quarter ending September 2020, were averaged around USD 1011 per MT. North America Although Hurricane Laura severely affected the revenues of majority of the Gulf coast mLLDPE producers, but the export potential of the region was not hindered immediately as several producers had stocks available for catering to the international demand in the short term. The stock level gradually dropped amid slow production from the plants that resumed production after a prolonged production turnaround. Demand appeared promising with increased consumption of product in the packaging sector following extensive demand for plastic packaging amidst coronavirus uncertainty. Europe Limited imports from Asia and US hindered the supply fundamentals of mLLDPE in the European market. Several downstream producers were heard purchasing the cargoes at a premium rate to prevent any hurt to the consumer sentiments amidst firm demand for packaging material. Demand is likely to stay strong till the next quarter due to the prevailing optimism due to the scheduled launch of COVID-19 vaccine by year end. Supply for various Polyethylene is also anticipated to retrace its pace after the scheduled resumption of various manufacturing production turnaround. units presently under
mLLDPE Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ How we can help ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally. Methodology ChemAnalyst gathers information through primary research surveys conducted with various mLLDPE manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market. Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global mLLDPE market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility. Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.
mLLDPE Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global mLLDPE market. Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on daily, weekly, monthly and yearly basis. Finally, region-specific markets for mLLDPE are analyzed and region-wise demand pattern is tracked. About Metallocene Linear Low-Density Polyethylene, commonly known as mLLDPE is a high performing grade of Polyethylene primarily used in industrial as well as food packaging applications. mLLDPE comprises several grades in the form of films such as agriculture greenhouse film, multi-layer caste stretch film, lamination packaging film and medium to heavy duty bags films. mLLDPE is many a times extruded with LLDPE to produce multilayer film barriers for beverage cartons. mLLDPE is copolymerization of Ethylene and 1-hexene in a low-pressure polymerization process in the presence metallocene as the prime catalyst. Metallocene catalysts are highly preferred to produced mLLDPE since they ideally direct the polymerization reactions. Moreover, resins manufactured using metallocene have better seal ability and impact strength in comparison to LLDPE manufactured through conventional process. Thus, mLLDPE is widely becoming popular with Polyethylene resin converters as it facilitates the production of much stronger films with enhanced properties. conventionally produced by the