Polymerupdate News - HDPE prices down adjust in South Asia
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HDPE prices down adjust in South Asia

Petrochemical industry | 10 Jan 2019 09:00 IST | Polymerupdate.com

HDPE prices slipped in the South Asian regions this week. The price fall was attributed to deals concluded at lower price levels and sufficient product avails in the region.

In India, HDPE yarn grade rates were at the USD 1065/mt levels, while in HDPE BM prices were assessed at the USD 1060/mt, both down USD 10/mt on the week. HDPE film prices were assessed lower at the USD 1055/mt CFR levels, a week on week drop of USD 15/mt. HDPE injection prices were at the USD 1050/mt levels, down USD 10/mt from the previous week.

In Sri Lanka, HDPE yarn grades rates were assessed lower at the USD 1090/mt levels, a drop of USD 10/mt on the week. HDPE BM prices were at the USD 1080/mt levels while HDPE film prices were at the USD 1070/mt levels, both down USD 10/mt from the last week. HDPE injection grades rates were assessed lower at the USD 1090/mt levels, a week on week decrease of USD 10/mt.

In Bangladesh, HDPE yarn and HDPE injection prices were assessed lower at the USD 1080/mt levels, both week on week fall of USD 20/mt. HDPE BM were at the USD 1070/mt levels, while HDPE film prices were also assessed at the USD 1070/mt levels, both decline USD 10/mt from the last week.

In Pakistan, prices of HDPE yarn were assessed lower at the USD 1080/mt, a fall of USD 10/mt on the week. HDPE film prices were at the USD 1095/mt CFR levels, a week on week drop of USD 15/mt. HDPE BM grade prices were at the USD 1120/mt levels while HDPE Injection grade prices were at the USD 1130/mt levels, both decline USD 10/mt from the last week.

In Far East Asia, HDPE film prices were assessed steady at the USD 1065/mt levels. HDPE blow moulding prices were at the USD 1070/mt, up USD 5/mt from the previous week. HDPE injection prices were at the USD 990/mt levels, while in HDPE yarn prices were at the USD 1050/mt levels, both unchanged week on week.

In South East Asia, HDPE BM prices were at the USD 1080/mt levels while HDPE film prices were also at the USD 1080/mt CFR levels, both up USD 5/mt from the previous week. The price rise was supported by deals concluded at higher price levels in the region. HDPE yarn prices were steady at the USD 1080/mt levels while HDPE injection prices were assessed flat at the USD 1010/mt levels.

Feedstock ethylene prices on Tuesday were at the USD 865/mt CFR North East Asia levels, a plunge of USD 60/mt from the previous week. CFR South East Asia prices of ethylene were at the USD 765/mt levels, a week on week tumble of USD 50/mt.
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