In the first week of November xxxx, the Linear Low-Density Polyethylene (LLDPE) market displayed contrasting trends across regions, with prices easing in Europe while remaining stable in the United States. The lackluster market sentiment was fueled by sluggish demand from downstream sectors, including packaging, construction, and automotive. In Europe, oversupply and destocking efforts contributed to a x.xx decline in LLDPE Film grade FD Hamburg (Germany). Meanwhile, the U.S. market experienced price stability, with LLDPE Film Butene-based grade FOB Texas prices holding steady at USD xxxx/MT, supported by balanced supply-demand dynamics and steady Ethylene feedstock costs. Global factors also influenced the U.S. market, as WTI Crude oil prices saw a slight uptick following OPEC+’s decision to extend output cuts of x.x million barrels per day through December, providing marginal support to petrochemical markets amidst otherwise lackluster demand.
The European LLDPE market experienced a downward price trajectory in early...
