Market Advisory Service - Europe & Middle East Light Olefins

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

Intense pressure on global petrochemical markets has triggered a wave of capacity closures across Europe, with additional shutdowns already announced. A combination of persistently weak global demand, aging regional assets, high legislative and environmental compliance costs, and ongoing regulatory uncertainty has driven the European industry into an unprecedented phase of contraction. Excess global supply has further intensified the challenge, with imports from the U.S. and Asia flooding the market, collapsing regional prices, and displacing domestic production.

In the Middle East, the longest and deepest downturn on record is placing mounting stress on producers, many of whom remain highly leveraged due to the relatively young age of their assets. Rising feedstock costs have intensified pressure on Saudi Arabian producers; despite their structural cost advantage, exposure to heavier feedstocks has left some operations struggling to maintain positive cash margins, let alone contribute to financing obligations.

With little prospect of a meaningful industry recovery before the end of the decade, producers across regions are being forced to adapt rapidly reassessing cost structures, optimizing asset portfolios, and redefining long-term strategies to ensure survival in an increasingly competitive global market.

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 report 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 factors impacting cost and demand, means 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 factors must be considered in determining the most likely trend the market will follow.

The report is set up to give the reader the necessary data and analysis to understand the market comprehensively. It entitles users to access globally recognized experts in the light olefins markets.

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