The Linear Low-Density Polyethylene (LLDPE) witnessed a divergent trend across the global market in the third week of March xxxx. The Asian LLDPE markets faced challenges during the week leading to the price decline, meanwhile, the European LLDPE prices remained stable in this period. Further, the downward price trajectory was supported by the declining feedstock Ethylene which eased production costs. Moreover, broader macroeconomic challenges and freight rates have influenced the market dynamics.
Key Takeaways :
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LLDPE prices showed mixed trends in March xxxx, with declines in Asia, while European prices remained stable.
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Falling ethylene costs reduced production expenses, contributing to lower LLDPE prices in some regions.
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In Europe, prices remained steady due to a balanced supply-demand gap, but demand from key industries like packaging and construction weakened.
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The Asian market saw price declines, particularly in China, where LLDPE Film grade prices...
