In the last week of March xxxx, the High-Density Polyethylene (HDPE) witnessed a decreasing trend across the European and Asian markets. The price trajectory was primarily driven by subdued market sentiments across the global markets. The demand from the downstream packaging and construction material manufacturing. Moreover, feedstock Ethylene and upstream Naphtha prices, along with easing freight rates have influenced the market dynamics.
Key Takeaways:
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The HDPE market faced challenges in the last week of March xxxx in Asia and Europe.
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The subdued market demand from downstream industries influenced price trends in Asia.
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European HDPE price decline was due to uncertainties around US tariffs and bearish market sentiments.
This week, the Chinese HDPE prices saw a declining trend as the HDPE Injection Molding EXW Jiangsu decreased by x.xx. The market activity remained subdued in March despite the peak season for...
