Polymerupdate News - HDPE prices drop in Asia
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HDPE prices drop in Asia

Petrochemical industry | 09 May 2019 09:00 IST | Polymerupdate.com

HDPE prices declined this week in Asia. A sharp week on week drop in crude prices, a decline in prices of naphtha 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 1070/mt levels, a fall of USD 5/mt from the previous week. HDPE blow moulding prices were assessed down at the USD 1055/mt levels, a week on week drop of USD 10/mt. HDPE injection prices were at the USD 1010/mt levels, while HDPE yarn prices were assessed at the USD 1070/mt levels, both down USD 5/mt from the last week.

In South East Asia, HDPE BM prices were assessed lower at the USD 1075/mt levels, a week on week fall of USD 5/mt. HDPE yarn prices were assessed at the USD 1090/mt levels while HDPE Injection prices were assessed at the USD 1030/mt levels, both down USD 5/mt from the previous week. HDPE film prices were assessed stable at the USD 1090/mt CFR levels.

In India, HDPE film prices were assessed lower at the USD 1070/mt CFR levels, a week on week drop of USD 5/mt. HDPE injection prices were assessed at the USD 1020/mt levels, while HDPE yarn grade rates were assessed at the USD 1070/mt levels, both unchanged from the previous week. HDPE BM prices were assessed steady at the USD 1060/mt levels.

In Bangladesh, HDPE yarn prices were assessed at the USD 1060/mt levels, while HDPE Injection grade prices were at the USD 1050/mt levels, both down USD 10/mt from the previous week. HDPE BM were assessed at the USD 1070/mt levels, while HDPE film prices were assessed at the USD 1080/mt levels, both decrease USD 10/mt from the last week.

In Sri Lanka, HDPE film prices were assessed at the USD 1120/mt levels while HDPE BM prices were assessed at the USD 1110/mt levels, both down USD 10/mt the previous week. HDPE injection grades rates were assessed at the USD 1075/mt levels, while HDPE yarn grade rates were assessed at the USD 1085/mt levels, both decline USD 5/mt from the last week.

In Pakistan, HDPE BM grade prices were assessed at the USD 1130/mt levels, while HDPE film prices were at the USD 1120/mt CFR levels, both week on week down USD 10/mt. Prices of HDPE yarn were assessed lower at the USD 1075/mt, a decrease of USD 5/mt from the last week. HDPE Injection grade prices were assessed at the USD 1060/mt levels, a week on week fall of USD 10/mt.

Feedstock ethylene prices on Tuesday were at the USD 950/mt CFR North East Asia levels , week on week fall of USD 5/mt. CFR South East Asia prices of ethylene were at the USD 900/mt levels, a rise of USD 5/mt from the previous week.
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