This week, LDPE prices surged in Europe amid extended delivery timelines and higher energy costs driven by geopolitical tensions in West Asia.
A European industry source told a Polymerupdate team member, “LDPE prices in Europe rose as escalating tensions in West Asia heightened concerns over supply disruptions and feedstock availability. Key shipping routes remained affected, with limited exports from the Persian Gulf and delayed cargoes tightening regional supply. Producers raised offer levels, maintaining upward pressure on the market. Despite this, buying interest remained cautious, as ongoing conflict and trade uncertainties continued to cloud near-term demand.”
In the spot markets, LDPE prices were assessed at Euro 1595-1605/mt FD Northwest Europe levels, a surge of Euro (+150/mt) from last week.
In the contract markets, General Purpose LDPE grade prices were assessed at Euro 2200-2005/mt FD NWE Germany and FD NWE Italy levels, both spiked by Euro (+165/mt) from the previous week. LDPE General Purpose grade prices were assessed at Euro 2200-2205/mt FD NWE France levels, a week-on-week sharp increase of Euro (+165/mt). Meanwhile, LDPE prices were assessed at GBP 1900-1905/mt FD NWE UK levels, a surge of GBP (+145/mt) from last week.
FCA Antwerp LDPE General Purpose film prices were assessed at Euro 1580-1610/mt levels, steeply increased by Euro (+150/+160/mt) from last week
Ethylene feedstock spot prices were assessed at Euro 1145-1155/mt FD North West Europe levels, a sharp rise of Euro (+50/mt) from the previous week.
