Low Density Polyethylene: United States

摘要

Low density polyethylene spot prices were assessed at $1,521/mt, a $33/mt decrease week on week as sources talked of lowered offers, but prices were still too high to compete in the export market. “Prices are lower because demand is down, and buyers aren’t paying [at the recent price levels],” said a US-trader source, adding, “Certainly, it has not been easy trying to sell.” That has been the case for more than a month, sources said. Following a record-high January, data released Tuesday by the American Chemistry Council show that February PE resin volumes dropped 9.9% month to month, with domestic demand down 8.1% and exports falling 16.8% from the previous month.