Low Density Polyethylene Asia

摘要

LDPE fell fastest of the polyethylene markets to be assesseddown $22/mt week on week $1,558-1,560/mt CFR FE Asia Wednesday, following offers heard at $1,560/mt CFR Far EastAsia. Demand was reported as “persistently weak,” withnews of an outage at Thailand’s PTT Chemical’s 400,000mt/year plant expected to have little effect in moving upprices, one South Asian producer said. LDPE prices werereported to be dropping day by day, according to oneMiddle Eastern producer. “They are waiting for the marketto hit rock bottom,” one seller said, adding that inventorylevels of up to two months in Southeast Asia and fallingmargins over ethylene meant that producers were suffering.