SE Asia’s LDPE market regains its premium over China
Data from ChemOrbis Price Index reveals that Southeast Asia’s import LDPE film market started to regain its premium over China by mid-January while the premium has become more visible since the end of the Chinese New Year holiday to be currently standing at $40/ton.
Prior to mid-January, China’s LDPE film market had been traded significantly above import levels in Southeast Asia for three consecutive months, the longest period that Southeast Asia is traded below China since 2008 when ChemOrbis began keeping records.
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