This week, LDPE prices in the Asian region showed an overall upward trend across key markets.
An industry source in Asia, on condition of anonymity, informed a Polymerupdate team member, "LDPE prices in Asia rose mainly due to tight supply, particularly from the Middle East, where ongoing Gulf uncertainties disrupted trade flows and raised concerns over shipments. At the same time, higher crude oil prices provided firm cost support, pushing offers upward. Although competitively priced China-origin cargoes were available, market sentiment remained cautious amid uncertainty over US-Iran developments and potential Strait of Hormuz disruptions. Nevertheless, supply-side constraints continued to drive the overall price increase.”
In Far East Asia, LDPE Film grade prices were assessed at USD 1420-1500/mt CFR levels, gained by USD (+20/mt) from the previous week.
In Southeast Asia, LDPE Film grade prices were assessed at USD 1520-1700/mt CFR levels, higher by USD (+20/NC/mt) from last week.
In India, LDPE Film grade prices were assessed at USD 1700-1730/mt CFR levels, a week-on-week hike of USD (+20/+10/mt).
In Pakistan, LDPE Film grade prices were assessed at USD 1720-1850/mt CFR levels, climbed by USD (+30/+50/mt) compared to last week.
In Sri Lanka, LDPE Film grade prices were assessed at USD 1720-1830/mt CFR levels, a rise of USD (+20/+30/mt) week on week.
In Bangladesh, LDPE Film grade prices were assessed at USD 1730-1800/mt CFR levels, an increase of USD (+30/+20/mt) from the previous week.
