In the third week of April, the Low-density Polyethylene (LDPE) market witnessed divergent price trajectory across the global market. Prices in Asia, particularly China, went up after the U.S. confirmed high tariffs on Chinese imports, which pressured the market. Meanwhile, in Europe, LDPE prices stayed the same because supply and demand were balanced. However, US LDPE prices depreciated slightly as export demand weakened due to tariff concerns.
Key Takeaways:
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The LDPE market observed mixed trends globally in the third week of April xxxx due to changing trade policies.
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US LDPE prices eased marginally as the buyers stayed cautious, focusing on short-term needs.
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The US-China tariff war has hit the Asian market, impacting product supply.
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The global market witnessed weak demand for LDPE from the downstream industries.
The price of LDPE surged in the Asian market this week, with the Chinese Adhesive Film...
