08/12/2021 Business Opportunities, Franchise
The prices of Linear Low Density Polyethylene (LLDPE) have been falling in China for almost all the grades for the past four weeks now.
The overall LLDPE market experienced mixed sentiments in the European region during the third quarter. The prices of LLDPE witnessed a downtrend and last stood at USD 1720 per MT FD Hamburg in September. Downstream demand remained firm across all derivatives through Q3. Some players anticipated a squeeze on derivative margins with regards to their pricing. Prices of several polymers rose in this quarter as well, due to the shortage of feedstocks caused by prolonged unplanned turnarounds across Europe and the gulf of the USA.
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