Low Density Polyethylene Price Trend and Forecast

Spot Low Density Polyethylene Price trade volumes in the first quarter of 2022 improved significantly as compared to the last quarter of 2021. The first half of January saw demand struggle to take off owing to the pandemic disrupting market signals in both the domestic and overseas (Northeast Asia) markets. Demand however rose and spot volumes improved by the tail end of January. Feedstock ethylene prices were relatively soft compared to the other regions in the months of February and March as Ethane prices were lower on the back of moderate natural gas price rise compared to the naphtha cracking regions such as Europe and Asia Pacific and the middle east which had to bear the brunt of exceedingly high crude oil prices.

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