In the first half of May xxxx, ethylene prices followed different paths between the USA and Germany, driven by differing regional dynamics in supply, demand, and feedstock costs.
In the USA, ethylene prices increased in the first week, up by x.xx to USD xxx/MT FOB US Gulf, offsetting losses from the previous week. The increase occurred despite declining feedstock naphtha prices, which were down on weak global crude oil prices from oversupply concerns and bearish demand outlooks. The ethylene price increases were derived from tighter regional supply fundamentals and improved buying sentiment, specifically from the downstream segment such as high-density polyethylene (HDPE). Conversely, linear low-density polyethylene (LLDPE) and low-density polyethylene (LDPE) prices remained unchanged, creating a balanced supply-demands situation.
During second week, ethylene prices in the US stabilized after week one with a good supply of ethylene from...
