This week, Low density polyethylene film grade prices in Asia were under pressure, with declines recorded across Far East Asia, Southeast Asia, and South Asian markets, while the depth of correction varied across destinations.
An industry source in Asia, on condition of anonymity, informed a Polymerupdate team member, "Sentiment across Asian LDPE film markets remained subdued through the week, with prices declining amid ample supply, weaker ethylene feedstock values, and sluggish regional demand. Far East Asia recorded the sharpest corrections, while South Asian markets such as India, Bangladesh, and Sri Lanka also softened. Pakistan saw comparatively limited downside, indicating slightly steadier buying interest. Overall, the tone points to cautious procurement behavior and adequate near-term availability across the region.”
In Far East Asia, LDPE Film grade prices were assessed at USD 1250 to 1350/mt CFR levels, easing, USD (-50/mt) week on week.
In Southeast Asia, LDPE Film grade prices were assessed at USD 1420 to 1580/mt CFR levels, slipping, USD (NC/-20/mt) compared to the prior week.
In India, LDPE Film grade prices were assessed at USD 1510 to 1580/mt CFR levels, declining, USD (-40/-50/mt) from last week.
In Pakistan, LDPE Film grade prices were assessed at USD 1580 to 1650/mt CFR levels, softening, USD (-20/-30/mt) from the previous week.
In Sri Lanka, LDPE Film grade prices were assessed at USD 1570 to 1650/mt CFR levels, moving lower, USD (-40/-50/mt) week on week.
In Bangladesh, LDPE Film grade prices were assessed at USD 1570 to 1650/mt CFR levels, edging lower, USD (-50/-70/mt) compared to the previous week.
On the feedstock front, CFR Northeast Asia ethylene prices on Tuesday were assessed at USD 985-995/mt levels, registering a fall of USD (-30/mt) from last 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.
