Low-density polyethylene (LDPE) followed a varied trend across the global market in the last week of March xxxx. The LDPE prices followed stability in China, meanwhile, the European LDPE prices witnessed an upsurge. The market dynamics were impacted by the demand from the downstream industries such as packaging, construction, and automotive. Further, feedstock prices, easing freight rates, and supply situations have played a role in shaping the price trend across both regions.
Key Takeaways:
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LDPE prices showed divergent trends across Chinese and European markets.
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In the last week of March xxxx, Chinese LDPE showed a stable trend amid moderate demand and sufficient supply.
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The European LDPE market showed signs of tight supply leading to a price surge.
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Demand from the downstream industries remained weak in both regions.
The Chinese LDPE market witnessed stability this week amid a balanced gap between...
