Market Advisory Service - Europe & Middle East Light Olefins

Duration: Short-term – 2-year price forecast and market outlook

As we navigated through 2023 and beyond, the dynamics of the ethylene and propylene market became fully intrenched into the downturn that had been long predicted. For European producers, the challenges of import pressure combined with weak demand to drag the industry to exceptionally low levels of utilization. In the Middle East, despite a major cost advantage the pressure has also been felt with feedstock restrictions, and for some production economics moving into loss making territory. The volatility in oil, feedstock and natural gas markets have become critical to driving price for the global industry as marginal production costs are dictating prices, the room for producers to secure margins is simply down to their cost advantage. The breadth of exposure the light olefins industry sees is very large and navigating the growth potential for the sector is highly dependent on a huge variety of industries and macroeconomic drivers.

Comprehensive monthly market price, supply, demand, and trade data and analysis for:

• Ethylene
• Propylene

Duration: Short-term – 2-year price forecast and market outlook

The Europe & Middle East Light Olefins service provides clients with a comprehensive, yet focused view of the European & Middle Eastern light olefins and derivatives markets. It details the relationships between upstream feedstock price developments and downstream markets and provides an analytical view of the complex ethylene and propylene markets.

A strong focus of the service is understanding why the market is functioning as it is and predicting the outlook for ethylene and propylene. The complex nature of these markets, with the numerous factor impacting cost and demand, mean that changes in any of the downstream markets, the global shipping markets, crude oil production dynamics, gasoline demand, geopolitical changes and many other factors need to be considered when seeking to understand the current market. These varieties of factors then need to be considered in determining the most likely trend the market will follow.

The report is set up to allow the reader the necessary data and analysis to gain a comprehensive understanding of the market and entitles users to access globally recognized experts in the light olefins markets.

Duration: Short-term – 2-year price forecast and market outlook