LDPE prices fall below LLDPE, HDPE prices in China
by ChemOrbis Editorial Team - content@chemorbis.com
LDPE film prices sank below LLDPE and HDPE film prices in China last week as LDPE film prices remained stagnant while LLDPE film moved higher. According to data from ChemOrbis Price Index, LDPE prices carried a premium over LLDPE and HDPE prices for most of the past four years, with LLDPE and HDPE prices attaining levels close to parity only during the 2008 financial crisis between the beginning of 2008 and the end of 2011.
(Source: ChemOrbis Price Wizard)
To see a graph tracking PE price movements in China for the past 52 weeks,please click here
In the middle of July 2011, import LDPE film prices had been carrying a premium of around $150-200/ton when compared with LLDPE and HDPE film prices. The gap between HDPE and LDPE film prices moved below $100/ton by the fall of 2011, although LDPE film prices continued to carry a premium of around $175-215/ton when compared with LLDPE film prices.
By the beginning of 2012, HDPE film prices were trading close to par with LDPE film, while LLDPE continued to trade at a discount of around $125/ton. LDPE’s relative position against LLDPE and HDPE film has steadily weakened over the past six months. HDPE film prices gained a premium over LDPE prices in mid-May, by which time LLDPE film prices had risen to trade at a discount of less than $50/ton against LDPE film. LLDPE began to trade with a premium over LDPE last week after the two products had been trading nearly at par since late May. At the end of last week, LDPE film traded at a discount of around $25-30/ton from LLDPE film while HDPE film traded with a premium of $50/ton over LDPE film.
(Source: ChemOrbis Price Wizard)
To see a graph tracking PE price movements in China for the past 52 weeks,please click here
In the middle of July 2011, import LDPE film prices had been carrying a premium of around $150-200/ton when compared with LLDPE and HDPE film prices. The gap between HDPE and LDPE film prices moved below $100/ton by the fall of 2011, although LDPE film prices continued to carry a premium of around $175-215/ton when compared with LLDPE film prices.
By the beginning of 2012, HDPE film prices were trading close to par with LDPE film, while LLDPE continued to trade at a discount of around $125/ton. LDPE’s relative position against LLDPE and HDPE film has steadily weakened over the past six months. HDPE film prices gained a premium over LDPE prices in mid-May, by which time LLDPE film prices had risen to trade at a discount of less than $50/ton against LDPE film. LLDPE began to trade with a premium over LDPE last week after the two products had been trading nearly at par since late May. At the end of last week, LDPE film traded at a discount of around $25-30/ton from LLDPE film while HDPE film traded with a premium of $50/ton over LDPE film.
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