HOUSTON (ICIS)--The US polyethylene (PE) market will be facing some downward pressure at the start of 2018 as several large capacity additions are expected to result in longer supply. Prices in both the domestic market and export markets posted significant gains during the second half of the year as supply and logistics disruptions stemming from Hurricane Harvey crimped availability and pushed pricing higher. ICIS estimated that as much as 36% of US PE capacity was taken o?ine due to the impact of the storm.
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