This week, Linear Low Density Polyethylene (LLDPE) film grade prices in Asia moved lower across all tracked markets, with declines observed across Far East Asia, Southeast Asia, and the South Asian sub region.
An industry source in Asia, on condition of anonymity, informed a Polymerupdate team member, "Sentiment across Asian LLDPE film grade markets appears to have weakened this week, with offers from Middle Eastern and regional producers reflecting downward adjustments. Softer ethylene feedstock values in Northeast Asia may have added pressure on producer netbacks, while cautious buying interest across South Asia appears to have kept market participants on the sidelines. The gap between offer levels and workable prices suggests buyers are resisting higher price indications, pointing to potential further downside risk in the near term.”
In Far East Asia, LLDPE Film grade prices were assessed at USD 880 to 960/mt CFR levels, week-on-week easing by USD (-20/NC/mt). The softer tone appears to reflect subdued buying interest and competitively priced offers from Middle Eastern suppliers.
In Southeast Asia, LLDPE Film grade prices were assessed at USD 920 to 1050/mt CFR levels, moving sharply lower by USD (-80/-50/mt) compared to the prior week. The sharper decline suggests limited buying momentum and pressure from aggressively priced cargoes offered for forward shipment.
In India, LLDPE Film grade prices were assessed at USD 1080 to 1150/mt CFR levels, a steep decline of USD (-70/-50/mt) from last week. Cautious downstream sentiment along with a wider spread of offers from Middle Eastern and Southeast Asian producers appears to have influenced the downward assessment.
In Pakistan, LLDPE Film grade prices were assessed at USD 1100 to 1150/mt CFR levels, plunging by USD (-50/mt) from the previous week. Muted trade activity and resistance to higher offer levels could have weighed on price sentiment.
In Sri Lanka, LLDPE Film grade prices were assessed at USD 1100 to 1150/mt CFR levels, week-on-week sharply down USD (-60/-50/mt). Limited fresh demand and softer regional benchmarks may have contributed to the decline.
In Bangladesh, LLDPE Film grade prices were assessed at USD 1070 to 1100/mt CFR levels, tumbling by USD (-80/mt) from last week. Competitive offers from Saudi Arabian and Chinese producers appear to have shaped the softer assessment, with buyers remaining cautious amid the widening offer spread.
In the wider offer landscape, a Middle Eastern producer was heard to have concluded deals for LLDPE film grade in China at USD 880/mt levels. In Indonesia, a Middle Eastern producer offered LLDPE film grade at USD 1050/mt levels for shipment in August/September 2026, while in Vietnam, a Middle Eastern producer has offered its LLDPE film grade at USD 950/mt levels for shipment in July / September 2026. In India, a Middle Eastern producer offered LLDPE film grade at USD 1150/mt levels, while a producer from Thailand was heard to have offered LLDPE film grade at USD 1080/mt levels. In Pakistan, a Middle Eastern producer offered LLDPE film grade at USD 1100/mt levels. In Bangladesh, a Saudi Arabian producer offered LLDPE film grade at USD 1100/mt levels, while a Chinese producer was heard to have offered LLDPE film grade at USD 1060/mt levels.
On the feedstock front, CFR Northeast Asia ethylene prices were assessed at USD 795 to 805/mt levels, a fall of USD (-10/mt) compared to the prior week. The softer ethylene trend may have weighed on producer pricing strategies for LLDPE film grades across Asia.
Overall, the pan-Asian LLDPE film grade market witnessed a broad-based downward correction this week, with softer ethylene values in Northeast Asia and competitively priced offers from Middle Eastern suppliers appearing to have kept sentiment under pressure across key demand centers.
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.
