In China, HDPE Injection Moulding prices fell slightly to USD ***.**/MT. This mild drop was mostly due to low demand and better supply in the local market. Ethylene, the raw material, did not change much in price, so the main reason for weaker HDPE prices was the sluggish buying. Many buyers expect more supply to arrive in August, so they are not rushing to place orders now. At the same time, demand from sectors like agricultural film is down because it’s the off-season. Most factories are running at low capacity, and buyers are taking a wait-and-see approach.
Key Takeaways:
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HDPE Injection Moulding price in China fell as demand stayed weak in both packaging and agriculture sectors.
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In Germany, HDPE Film grade dropped from the previous week.
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U.S. and Middle East imports added pressure on the European HDPE market.
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Buyers in China are holding off on purchases due to...
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