Imported PE prices plunged from the highest level

Sep 06, 2023

LDPE prices were at the highest in the first half of the 2023, $100/mt higher than LLDPE and HDPE. However, by the end of June, although LDPE prices were slightly higher than LLDPE, the price spread had significantly narrowed to around $10-20/mt or even lower, with LDPE prices below HDPE film prices. This is mainly due to LDPE prices remaining high since mid-2020, significantly deviating from LLDPE and HDPE prices, and now LDPE price returns to the normal level to balance the market.

The impact of the RMB exchange rate on the imported PE market continues and the influence has expanded
with the approaching of BIS certification implementation, Indian market was quiet

Recent Posts