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In early March ****, HDPE Injection Moulding – Pail Grade FOB Texas prices surged, with weekly assessments showing a **.*** increase to USD *,***/MT for the week ending ** March, up from USD *,***/MT in the previous week, extending the robust **-week bullish trend. In the first week of March, HDPE prices remained stable at USD *,***/MT versus the prior week, reflecting steady supply despite rising ethylene costs. Market activity during February had been balanced, with ample domestic HDPE resin inventories and uninterrupted Gulf Coast production offsetting cost pressures. The second-week spike, however, reflected sudden geopolitical risk from the ongoing Israel–Iran war, which disrupted global crude and natural gas flows through the Strait of Hormuz, sharply elevating energy prices and adding significant cost uncertainty for HDPE producers.
Demand from packaging, blow-moulding, and industrial converters continued to support HDPE prices. Steady procurement from food and...
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