This week, LDPE prices trended sharply higher in Europe against backdrop of West Asia crisis.
A European industry source told a Polymerupdate team member, “Spot prices have risen amid the escalating Iran–US conflict, raising concerns over supply squeeze. Heightened geopolitical tensions have disrupted trade routes and increased production costs. Uncertainty over naphtha and other feedstock availability has further intensified supply concerns. Export flows from the Persian Gulf weakened as several container lines suspended bookings, and no offers were reported from Saudi Arabia during the period. Despite producers attempting to lift prices, many buyers remained cautious, delaying purchases while monitoring market developments.”
In the spot markets, LDPE prices were assessed at Euro 1195-1205/mt FD Northwest Europe levels, steeply higher by Euro (+50/mt) from last week.
In the contract markets, General Purpose LDPE grade prices were assessed at Euro 1925-1930/mt FD NWE Germany and FD NWE Italy levels, both gained by Euro (+10/mt) from the previous week. LDPE General Purpose grade prices were assessed at Euro 1925-1930/mt FD NWE France levels, week-on-week up Euro (+10/mt). Meanwhile, LDPE prices were assessed at GBP 1675-1680/mt FD NWE UK levels, a rise of GBP (+5/mt) from last week.
FCA Antwerp LDPE General Purpose film prices were assessed at Euro 1180-1200/mt levels, sharply higher by Euro (+50/mt) from last week.
Ethylene feedstock spot prices were assessed at Euro 800-810/mt FD North West Europe levels, an increase of Euro (+20/mt) from the previous week.
