In the past week, the global Linear Density Polyethylene (LDPE) market witnessed a depreciating trajectory, with a pronounced decline across Europe and much of Asia, though the Asian market showed some regional variation. Unlike other areas, LDPE prices in China, Japan, and South Korea remained stable, while other Asian nations experienced price drops. This trend was primarily driven by a decrease in feedstock Ethylene prices, leading to lower production costs for LDPE. Furthermore, weak demand from downstream sectors, such as construction, automotive, and packaging, exerted downward pressure on the product prices. Abundant supply in regional markets led traders, especially in Europe, to reduce prices. Consequently, in Germany, LDPE Film grade FD Hamburg price fell by x.xx, influenced by specific local demand conditions. Meanwhile, in China, LDPE Adhesive Film grade was quoted at USD xxxx/MT CFR Shanghai, while other Asian markets saw LDPE prices decrease by around xx in...
