Polymerupdate News - HDPE prices slip in Asia
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HDPE prices slip in Asia

Petrochemical industry | 06 Jun 2019 09:00 IST | Polymerupdate.com

HDPE prices witnessed a fall this week in Asia. A week on week plunge in crude prices, a tumble in prices of naphtha and a steep fall in ethylene feedstock rates weighed down on Asian HDPE rates. A drop in regional buying interest also contributed toward the price fall.

In Far East Asia, HDPE film prices were assessed lower at the USD 980/mt levels, a week on week fall of USD 20/mt. HDPE blow moulding prices were at the USD 1010/mt levels, down USD 10/mt from the last week. HDPE injection prices were at the USD 920/mt levels, a sharp week on week fall of USD 30/mt. HDPE yarn prices were assessed lower at the USD 1000/mt levels, a drop of USD 15/mt on the week.

In South East Asia, HDPE BM prices were assessed at the USD 1030/mt levels, while HDPE yarn prices were also assessed at the USD 1030/mt levels, both down USD 10/mt from the last week. HDPE Injection prices were assessed lower at the USD 960/mt levels, a fall of USD 20/mt . HDPE film prices were assessed down at the USD 1030/mt CFR levels, a week on week drop of USD 10/mt.

In India, HDPE yarn grade rates were assessed at the USD 1020/mt levels, down USD 10/mt from the previous week. HDPE BM prices were assessed at the USD 1010/mt levels, while HDPE film prices were assessed at the USD 1030/mt CFR levels, a week on week fall of USD 10/mt. HDPE injection prices were assessed lower at the USD 985/mt levels, a drop of USD 20/mt from the previous week.

In Bangladesh, HDPE Injection grade prices were lower at the USD 990/mt levels, while HDPE yarn prices were assessed at the USD 1000/mt levels, both down USD 20/mt from the last week. HDPE BM were assessed at the USD 1020/mt levels, a fall of USD 15/mt from the previous week. HDPE film prices were assessed lower at the USD 1030/mt levels, a week on week drop of USD 20/mt.

In Sri Lanka, HDPE film prices were assessed lower at the USD 1070/mt, while HDPE BM prices were assessed at the USD 1050/mt levels, both down USD 20/mt from the previous week. HDPE injection grades rates were assessed lower at the USD 1010/mt levels, a drop of USD 25/mt from the last week. HDPE yarn grade rates were also assessed down at the USD 1020/mt levels, a week on week decrease of USD 20/mt.

In Pakistan, HDPE BM grade prices were assessed at the USD 1060/mt levels, while HDPE film prices were at the USD 1050/mt CFR levels, both down USD 30/mt from the last week. Prices of HDPE yarn were assessed lower at the USD 1020/mt, while HDPE Injection grade prices were assessed at the USD 1000/mt levels, both down USD 20/mt from the last week.

Feedstock ethylene prices on Monday were at the USD 905/mt CFR North East Asia levels, a slide of USD 60/mt from the previous week. CFR South East Asia prices of ethylene were at the USD 815/mt levels, a steep tumble of USD 80/mt from the previous week.
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