During the first half of February xxxx, Low-Density Polyethylene (LDPE) saw an increase in prices across Europe and the United States, primarily due to supply shortages and heightened market demand. In Europe, the price hike was mainly caused by limited supplies worsened by delays in cargo arrivals. Similarly, in the US, LDPE prices surged because of increased demand from sectors like construction and packaging. Furthermore, the rising costs of feedstock Ethylene, and upstream Naphtha, and Crude oil have significantly impacted LDPE production expenses in both regions, adding to the upward pressure on prices. Moreover, disruptions in critical transportation routes like the Panama Canal and the Red Sea have also contributed to market volatility during this period, further influencing pricing dynamics.
During this period, the demand for LDPE in the US market showed strong upward momentum, leading to continued price increases with a rise of xx for Film...
