Global LDPE Stays in Neutral Gear Amid Weak Demand and High Inventory

Key Takeaways:

• LDPE prices in China remained stable due to steady imports and low downstream demand.
• In Germany, prices held flat as inventories stayed high and demand softened ahead of summer plant closures.
• The USA also reported no change in LDPE pricing, even with rising ethylene costs, due to sufficient domestic supply and weak export interest.
• Ethylene prices in the USA rose, but this did not push up LDPE prices.

In China, the LDPE market was quiet, with adhesive film grade priced at USD xxxx/MT CFR Shanghai. There was no shortage of supply, due to consistent import volumes. However, demand from downstream industries like agricultural film remained weak as the sector entered its off-season. Demand from other segments, such as packaging film and pipe manufacturing, was also limited. As a result, traders stuck to current prices, and no significant changes were made during the week.

Germany’s