Highlights
In 2023, China’s LLDPE market price declined first and then rebounded. The weaker-than-expected demand recovery significantly weighed down the market price of LLDPE, and the rebound was limited. In January, the LLDPE price was pushed up by the optimistic outlooks, while it trended down gradually after the Spring Festival as the economic recovery was under expectation. Subsequently, the Federal Reserve and other central banks of many countries continued to raise interest rates, so market participants became increasingly cautious to avoid risks, and prices of commodities, mainly crude oil, continued to decline. Entering June, the macro bearish influence gradually weakened, so LLDPE prices stopped falling and stabilized with a slight rebound supported by increasing downstream purchases. In H2, 2023, China’s LLDPE capacity growth slowed down, and unit overhauls were frequently seen, so not much supply pressure was seen. Meanwhile, the international crude oil price ran at a high level, giving strong support to the price from the cost side amid profit losses. However, the overall demand at home and abroad was weak, and the LLDPE market was still facing many challenges. Therefore, how will the overall LLDPE supply-demand pattern evolve in the future?
By continuously tracking the development of the industry and market changes and relying on 19 years of industry analysis experience, SCI monitors the whole process from supply to demand, from upstream to downstream, from global to China, etc. Based on the massive data and scientific analysis model, SCI constantly granulates the data and deeply interprets the driving factors of the LLDPE market, aiming to present customers with a comprehensive and fresh perspective on the forward-looking value.
Report value
1. To show the changes of global LLDPE trade patterns based on the analysis of LLDPE supply and demand patterns in China and overseas markets.
2. To display the trends of China’s LLDPE supply pattern through the detailed analysis of LLDPE supply data, based on multi-dimensional capacity, output, operating rate, import and export data in the recent 5 years.
3. To clearly present the LLDPE demand distribution for market participants through the analysis of LLDPE demand structure and regional layout.
4. To discover future demand growth opportunities by analyzing LLDPE key downstream industries and to grasp the key downstream procurement factors by combining the peak and slack demand seasons as well as procurement factors of end users.
5. To clarify the market price drivers by continuously tracking upstream, midstream and downstream inventory data.
6. To point out the direction of feedstock selection for new entrants by comparing and analyzing the cost and gross profit status of each production technology.
Contents
Part 1 PE Market Overview
Part 2 2019-2023 LLDPE Supply-Demand Balance Analysis
2.1 2019-2023 LLDPE Supply-Demand Balance Trend Analysis
2.2 2023 LLDPE Supply-Demand Balance Characteristics and Influences on Price
Part 3 LLDPE Supply Pattern and Change Analysis
3.1 2023 Global LLDPE Capacity Analysis
3.1.1 Global LLDPE Capacity Layout
3.1.2 2023 Global LLDPE Unit Maintenance
3.1.3 2024 Global LLDPE Capacity and Output Forecast
3.2 2019-2023 China LLDPE Capacity Analysis
3.2.1 China LLDPE Capacity Development Trend
3.2.1.1 LLDPE Capacity Development Trend Analysis
3.2.1.2 LLDPE Capacity Concentration Ratio Analysis
3.2.2 China LLDPE Capacity Layout Analysis
3.2.2.1 China LLDPE Capacity Proportion by Region
3.2.2.2 China LLDPE Capacity Proportion by Feedstock
3.2.2.3 China LLDPE Capacity Proportion by Enterprise Nature
3.2.3 2023 China LLDPE Trade Flow Analysis
3.2.3.1 China LLDPE Major Consumption Region and Demand
3.2.3.2 China LLDPE Major Production Region and Output
3.2.4 2024-2028 China Newly Added LLDPE Capacity
3.2.4.1 2024-2028 China LLDPE Capacity Forecast
3.2.4.2 2024 China Newly Added LLDPE Capacity
3.3 2019-2023 China LLDPE Output Analysis
3.3.1 2019-2023 China LLDPE Output
3.3.1.1 China LLDPE Annual Output and Operating Rate
3.3.1.2 China LLDPE Annual Output Analysis by Region
3.3.2 2023 China LLDPE Production Characteristics and Reasons
3.3.2.1 2023 China LLDPE Monthly Output Characteristics and Influences
3.3.2.2 2023 China LLDPE Unit Maintenance
3.4 2019-2023 China LLDPE Import Analysis
3.4.1 2019-2023 China LLDPE Import Data Analysis
3.4.1.1 China LLDPE Import Volume Analysis
3.4.1.2 China LLDPE Import Analysis by Trade Partner
3.4.1.3 China LLDPE Import Analysis by Trade Mode
3.4.1.4 China LLDPE Import Analysis by Enterprise Registration Place
3.4.2 2023 China LLDPE Monthly Import Volume Analysis
3.5 2023 LLDPE Inventory Analysis
3.5.1 LLDPE Total Inventory Change and Trend Analysis
3.5.1.1 LLDPE Inventory at Producers
3.5.1.2 PE Inventory at Traders
3.5.1.3 PE Port Inventory
3.5.1.4 LLDPE Inventory Change and Influences on Price
3.6 PE Warehouse and Logistics Status Analysis
3.7 2024 LLDPE Market Supply Forecast
3.7.1 2024-2028 LLDPE Total Supply Forecast
3.7.2 2024 LLDPE Monthly Supply Forecast and Influences on Price
Part 4 LLDPE Demand Pattern and Change Analysis
4.1 2019-2023 Global PE Demand Structure Analysis
4.2 2019-2023 China LLDPE Consumption Volume Analysis
4.2.1 China LLDPE Downstream Demand Volume Change and Characteristics
4.2.2 China LLDPE Downstream Industry Layout and Regional Consumption Structure
4.3 2023 LLDPE Downstream Industry Analysis
4.4 2019-2023 China LLDPE Export Analysis
4.4.1 2019-2023 China LLDPE Export Data Analysis
4.4.1.1 China LLDPE Export Volume Trend Analysis
4.4.1.2 2023 China LLDPE Export Structure Analysis by Trade Partner
4.4.1.3 2023 China LLDPE Export Structure Analysis by Trade Mode
4.4.1.4 2023 China LLDPE Export Structure Analysis by Enterprise Registration Place
4.4.2 2023 China LLDPE Export Volume Change and Characteristics Analysis
4.5 2024-2028 LLDPE Major Downstream Industry Demand Growth Forecast
4.6 2024-2028 LLDPE Demand Volume Forecast
4.6.1 China Consumption Volume Trend Analysis
4.6.2 LLDPE Export Volume Trend Analysis
4.7 LLDPE Demand Slack and Peak Seasons Analysis
4.7.1 LLDPE Demand Slack and Peak Seasons Characteristics Analysis
4.7.2 LLDPE Demand Slack and Peak Seasons and Impacts on Price
4.8 Downstream User Key Procurement Factor Analysis
4.9 Operator Risk and Barrier Analysis
Part 5 LLDPE Price Trend Analysis
5.1 China LLDPE Market Price Analysis
5.1.1 Price Change Characteristic Analysis
5.1.1.1 Overall Price Trend Analysis
5.1.1.2 Price Characteristics in Major Regions
5.1.2 2023 Price Trend and Seasonality Analysis
5.2 Influence of LLDPE Futures Price on Spot Price
5.2.1 Futures and Spot Price Comparative Analysis
5.2.2 Dominant Contract Futures and Spot Price Trends
5.3 Related Product Price Co-Movement Analysis
5.3.1 LLDPE and Major Feedstock Price Co-Movement Analysis
5.3.1.1 Crude Oil
5.3.1.2 Coal
5.2.1.3 Ethylene
5.3.2 LLDPE and Major Downstream Product Price Co-Movement Analysis
5.3.3 LLDPE and Related Product Price Co-Movement Analysis
5.3.3.1 LLDPE and LDPE Price Co-Movement Analysis
5.3.3.2 LLDPE and MLLDPE Price Co-Movement Analysis
5.2.3.3 Chinese-Made and Imported LLDPE Price Spread Analysis
5.4 LLDPE Production Cost and Gross Profit Analysis
5.4.1 LLDPE Production Cost Comparative Analysis by Different Production Technologies
5.4.2 LLDPE Gross Profit Change and Impact Analysis
5.4.2.1 LLDPE Gross Profit Trend and Characteristic Analysis
5.4.2.2 Impacts of Gross Profit Change on Enterprise Production
Part 6 LLDPE Market Outlook
6.1 2024-2026 LLDPE Price Trend Forecast
6.2 LLDPE Price Driver Development Forecast
6.2.1 Macro Environment and Industry Policy Analysis
6.2.2 2024-2028 China LLDPE Supply-Demand Balance Forecast
6.2.2.1 2024-2028 China LLDPE Supply-Demand Balance Trend and Characteristics Forecast
6.2.2.2 2024 China LLDPE Supply-Demand Forecast
6.2.3 LLDPE Market Competition Analysis
6.2.3.1 2024-2028 Global PE Trade Flow Forecast
6.2.3.2 2024-2028 China PE Trade Flow Forecast
6.2.3.3 SCI Monitoring Enterprise Business Trend Analysis
6.2.4 Value Chain Analysis and Forecast
6.2.5 Major Feedstock Price Co-Movement Forecast
6.2.5.1 Crude Oil
6.2.5.2 Coal
6.2.5.3 Ethylene
6.3 Influence of Major Price Drivers on 2024 China LLDPE Market
Appendix
Appendix 1 Industry Focus
Appendix 2 Methodology and Related Definition
2.1 Data Collection and Methodology
2.2 Forecasting Model Interpretation
2.3 Definition and Abbreviation
Appendix 3 Tables and Charts
Appendix 4 Related Annual Reports
2023-2024 China Ethylene Market Annual Report
2023-2024 China PE Market Annual Report
2023-2024 China LDPE Market Annual Report
2023-2024 China HDPE Market Annual Report
2023-2024 China EVA Market Annual Report