The global HDPE market experienced a downward trend last week, particularly across Europe and most of Asia, with a notable divergence within the Asian market. In contrast to other regions, HDPE prices in China and India remained steady, while other Asian countries observed a decline. The primary driver of this easing trend has been the falling prices of feedstock Ethylene, which reduced production costs for HDPE. Further, weak demand from key downstream sectors such as construction, automotive, and packaging industries pressured prices. Ample product availability in regional markets prompted traders to lower prices, particularly in Europe. In Germany, however, the price of HDPE Injection FD Hamburg eased by x.xx, reflecting localized demand factors. In China, HDPE Injection Molding was quoted at USD xxxx/MT EXW Jiangsu, while HDPE prices in other Asian markets decreased by around xx during the week ending September xx, xxxx.
European HDPE prices continued...
