High-density polyethylene (HDPE) prices displayed mixed trends globally over the past week, with stability observed in the European and US markets, while the Asian market faced a downturn. The decline in Asia was primarily driven by weak downstream demand from the construction, packaging, and automotive sectors. Geopolitical tensions further dampened global market sentiment, adding to the pressure on HDPE prices. Specifically, HDPE Injection Molding grade EXW Jiangsu (China) eased by x.xx, reflecting muted demand in the region. In contrast, prices in Germany and the USA remained stable at USD xxxx/MT Injection FD Hamburg and USD xxxx/MT Injection Molding grade FOB Texas, respectively this week concluding on November xx, xxxx, highlighting regional variations in market conditions.
The Asian HDPE market experienced a subdued sentiment this week, with prices falling due to weak import activity and an overabundance of supply. Geopolitical risks, particularly the ongoing Russia-Ukraine conflict,...
