US Polyethylene Exports Surge in Europe and North Africa Amid DisruptionsIn the span of four months since the initiation of the conflict between Israel and Palestine in the Red Sea and Suez Canal region, a discernible shift has occurred in the supply dynamics of polyethylene (PE). The upheaval caused by the conflict in the Red Sea has disrupted polyethylene shipments from the Middle East. Sources in the industry point out that prices in the United States are particularly competitive within the region, especially for linear grades of low-density polyethylene and injection molded high-density polyethylene (HDPE). Furthermore, Egypt received HDPE cargoes from the United States in December, marking the first occurrence since April. Notably, there was an increase in supplies of both high-density polyethylene (HDPE) and low-density polyethylene (LDPE) from Russian producers.
