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Strong demand for LDPE from buyers in Southeast Asia

October 15/2010

(Plastemart) -- In Southeast Asia, traders and converters are actively searching the market for LDPE film cargoes this week.


Chinese buyers are also said to be exhibiting healthy demand for LDPE film, with some Southeast Asian sellers electing to allocate their supplies to China rather than the regional market. Globally, LDPE supply remains limited as the new LDPE capacities are not coming up at the same rate as HDPE and LLDPE.


In addition to this ongoing general tightness, shutdowns on the part of several Southeast Asian LDPE suppliers have intensified the regional shortage of this product.

 

Regional supply woes have resulted in significant price increases in LDPE film in the Southeast Asian market, with LDPE prices rising at a faster rate than either HDPE or LLDPE film prices. Despite this sellers report that they are seeing better demand for LDPE when compared with HDPE and LLDPE demand.

 

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