The global High-Density Polyethylene (HDPE) market showed mixed trends this week. In China, prices dropped because demand was low and raw material costs went down. Slower manufacturing activity and rising trade tensions with the U.S. also added pressure on prices. In contrast, HDPE prices in Europe went up, even though demand stayed weak.
Key Takeaways:
-
HDPE prices depreciated in Asian market while rose in Europe during the week by April xx, xxxx.
-
Asian HDPE market remained bearish due to low consumption and lower feedstock costs.
-
Trade policy shifts and exchange rate volatility continue to challenge market stability and long-term purchasing decisions in Europe.
In Asia, HDPE prices moved lower this week. In China, the price of HDPE Injection Moulding EXW Jiangsu dropped by xx as of April xx, xxxx. This price depreciation was mainly due to falling ethylene prices, which lowered production...
