Low density polyethylene (LDPE) prices surge in Asia amid rising Middle East geopolitical risks
This Week, LDPE prices in Asia rose sharply due to supply chain disruptions and rising feedstock procurement challenges.
An industry source in Asia, on condition of anonymity, informed a Polymerupdate team member, "The price rise was driven by stronger offers and tightening supply in the regional import market. Concerns over cargo availability and shipping schedules prompted some suppliers to withhold fresh offers, while buyers secured prompt shipments at higher prices amid fears of limited supply. Market sentiment was further supported by several force majeure announcements from regional producers, which reduced product availability. Meanwhile, ongoing geopolitical tensions have disrupted key shipping routes, raising freight and feedstock costs and adding upward pressure on the Asian LDPE market.”
In Far East Asia, LDPE Film prices were assessed at USD 1180-1240/mt CFR levels, a spike of USD (+120/mt) from the previous week.
In South East Asia, LDPE Film prices were assessed at USD 1270-1300/mt CFR levels, a steep week-on-week increase of USD (+120/mt).
In India, LDPE Film prices were assessed at USD 1350–1390/mt CFR levels, a sharp week-on-week increase of USD (+180/+200/mt). The rise followed four consecutive price hikes announced by a domestic Indian producer since early March 2026, taking the cumulative increase to Rs.47/kg basic, reflecting firmer sentiment in the regional market.
In Pakistan, LDPE Film prices were assessed at USD 1280-1300/mt CFR levels, sharply higher by USD (+130/mt) from the previous week.
In Sri Lanka, LDPE Film prices were assessed at USD 1350-1420/mt CFR levels, a steep week-on-week rise of USD (+180/+220/mt).
In Bangladesh, LDPE Film prices were assessed at USD 1280-1350/mt CFR levels, a spike of USD (+140/+180/mt) from last week.
Ethylene feedstock prices were assessed at USD 935–945/mt CFR South East Asia levels, week-on-week sharply higher by USD (+180/mt). CFR North East Asia ethylene prices were assessed at USD 965–975/mt levels, marking a surge of USD (+190/mt) from the previous week.
