UK LDPE Prices Drop 1.67% in Mid-September, Later Stabilize

The supply chain of both imports and exports of LDPE performed as expected until the third week of September, with movement through the port of Surrey keeping North-West Europe input and output flows consistent. Local production levels, in tandem with imports, catered for robust demand from the FMCG sector, food packaging and stationery industries. Manufacturers have pushed high confidence on recyclable LDPE grades to meet EPR regulations, other green alternatives such as Xampla&#**;s biodegradable packaging product have kept some competitive tension within the supply chain. As supplies were working through the port, overall feedstock prices had only fallen by a small margin of *.*** by the end of September, chains remain intact with balance stock levels and export commitments moving forward.

Despite UK downstream industrial production weakened, but demand remained constant indicated packaging stability. Internet shopping and online grocery purchases sustained LDPE film use in flexible packaging...