This week, LLDPE prices in Europe moved lower across both spot and contract segments, with the broad-based decline reflecting weaker cost support, cautious procurement, and ample material availability across the region.
An industry source in Europe, on condition of anonymity, informed a Polymerupdate team member, "Sentiment in the regional LLDPE market remained bearish through the week as buyers stuck to need-based purchasing amid uncertain demand visibility. Softer ethylene values and a lower June ethylene contract settlement weakened cost support for producers, while competitive supplier offers likely weighed further on spot levels. Comfortable inventories and sluggish downstream offtake kept market participants cautious, with limited urgency to replenish stocks. Broader macro factors also shaped sentiment. Cautious crude oil movements and currency fluctuations may have influenced buyer appetite, while logistics-related considerations added a layer of uncertainty to procurement decisions. However, with no acute disruptions reported, the dominant influences on prices remained weak demand fundamentals, sufficient supply, and easing feedstock costs.”
In the spot markets, LLDPE prices were assessed at Euro 1395-1405/mt FD NWE levels, moving lower, Euro (-120/mt) week on week.
In the contract market, LLDPE prices were assessed at Euro 2450-2455/mt FD NWE Germany and FD NWE France levels, easing, Euro (-90/mt) week on week. LLDPE prices were assessed at Euro 2450-2455/mt FD NWE Italy levels, softening, Euro (-90/mt) week on week. Meanwhile, LLDPE prices were assessed at GBP 2110-2115/mt FD NWE UK levels, edging lower, GBP (-85/mt) week on week.
Ethylene feedstock spot prices were assessed at Euro 670-680/mt FD North West Europe levels, a plunge of Euro (-185/mt) from last week.
LLDPE prices were assessed at Euro 1380-1410/mt FCA Antwerp levels, declining, Euro (-120/mt) week on week.
This news synopsis and insights are generated using Polymerupdate’s advanced Artificial Intelligence (AI) systems, leveraging proprietary data, pricing benchmarks, and domain expertise. The content is intended for informational purposes only and does not represent the official views of Polymerupdate. Users are advised to conduct their own independent research before making any commercial or business decisions.
