In the fourth week of April xxxx, the global metallocene Linear Low-Density Polyethylene (mLLDPE) market witnessed a downward price trend, particularly in the European and Asian regions. This decline was primarily driven by sluggish demand from the downstream packaging industry and a drop in feedstock Ethylene prices.听
Key Takeaways:
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mLLDPE prices decreased in both Asian and European markets due to bleak demand and lower feedstock costs.
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US-China trade tensions led to high tariffs on US ethane imports, raising feedstock costs in China.
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Steady supply and reduced packaging demand drove mLLDPE prices down in Europe.
The Asian mLLDPE market faced a downward price trajectory as the prices in China decreased by x.xx this week by April xx, xxxx. The major factor influencing this trend has been the escalating US-China trade conflict.听 The impact of the US-China trade tensions is now...
