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Key Takeaways:
The Chinese LDPE market witnessed stability this week amid a balanced gap between supply and demand across the region. Further, steady imports from the US and Middle Eastern countries particularly Saudi Arabia and Qatar have maintained sufficient supplies in the region. Moreover, the supply pressures were also eased due to the plant shutdowns in the region which ensured adequate product availability. Further, concerns over the US tariffs have impacted the market sentiments.
The demand for LDPE was low in the region, especially in the packaging industry. In...
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