VIDEO: China’s LDPE market weakens as supply tightness eases
Joanne Wang
24-Jul-2024
SINGAPORE (ICIS)–Watch ICIS senior industry analyst Joanne Wang discuss the driving factors behind the China’s low density polyethylene (LDPE) price fluctuations this year and briefly discuss prospects for the second half of this year.
- Q2 LDPE prices rose sharply due to concentrated maintenance at home and abroad.
- Imported shipments arrived in late June, and coupled with limited domestic demand growth, prices fell.
- New facilities may start up in Q4, leading to further increases in domestic supply.
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