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Sep LLDPE market to rise on demand-side support

China LLDPE prices showed an uptrend in August 2023, and will rise further in September, as the demand will increase in the conventional peak season.

08-29-2023 17:31:12

LLDPE prices to fall further on weak demand, bearish economic environment

China PE market is unlikely to stop falling considering the overall market environments, and prevailing price of LLDPE may decreased to below CNY8,000/mt in the future.

07-14-2022 18:20:31

China LLDPE futures shows V-shaped trend

In 2020, the price of most-actively-traded LLDPE futures showed a V-shaped trend. The lowest price of CNY8,370/mt appeared on March 30, which became the bottom point.

11-24-2020 17:26:27

China LLDPE self-sufficiency decreases in May

China’s self-sufficiency rate of LLDPE fell in May 2020, as local users increased the imports for meeting the higher domestic demand.

07-01-2020 18:01:45

LLDPE weak on high inventory

The most traded LLDPE futures contract for May 2020 delivery reached a limit down in the first trading day, and once hit a historical low of CNY6,500/mt. As the virus continued to ferment, downstream companies' resumption of work was postponed, leading to the accumulation of LLDPE inventory.

02-12-2020 16:38:31

LLDPE market thin on waning demand

Near the end of the year, downstream users’ purchasing interest for LLDPE turned weak due to the declining orders, and the prevailing LLDPE price remained at a range of CNY7,100-7,650/mt.

12-31-2019 11:24:00

Tariff exemptions not to affect imports of US HDPE, LLDPE much

Guangzhou (JLC), December 23, 2019--China has recently announced several lists of import tariff exemptions for products from the United States, covering some HDPE and LLDPE products, but this is not likely to affect China's imports of such products from the US much.

12-23-2019 16:47:57

LLDPE prices may hit bottom

LLDPE futures prices might fluctuate at a low level in the following market.

12-16-2019 17:13:11

LLDPE futures price increases drive up spot price

The spot prices of PE increased currently underpinned by the increases in futures price and other bullish factors.

06-28-2019 16:22:19

LDPE-LLDPE spread narrows further in 2018

The high import volume and weak domestic demand made China LDPE market weak, and the LDPE-LLDPE spread narrowed accordingly. The widest spread was only around CNY400/mt, and LDPE film once decreased to below LLDPE price.

12-20-2018 11:43:53

LLDPE 2018 average price is relatively high

In 2018, China LLDPE market prices were relatively stable compared with those in past years.

12-20-2018 11:10:34

China LLDPE output suffers negative growth

From January to September, 2018, the LLDPE output of PetroChina and Sinopec decreased from last year, though there was a slight increase in LLDPE (MI=2) output.

10-18-2018 12:00:10

China LLDPE & LDPE price comparison in 2015-2018

China PE market price was influenced by many factors. Affected by the rising supply, the price competition became fiercer and the price range narrowed year by year.

08-15-2018 10:24:51

PP futures price exceeds LLDPE futures price

LLDPE futures and PP futures usually show close connection and similar price trend for long. However, PP futures price has exceed LLDPE futures price in June 2018.

06-27-2018 17:49:14

Spread between LLDPE and PP Raf. narrows

The spread between futures prices of LLDPE and PP kept narrowing. The spread dropped to CNY462/mt at the beginning of 2018, and it once reached CNY2,238/mt at the beginning of 2016. Up to May 22nd, the spread further decreased to CNY32/mt.

05-25-2018 18:23:55

LLDPE price to continue falling

LLDPE market price may continue falling amid off-peak season and the SCO summit in Qingdao.

05-23-2018 18:56:24

China Guangxi Investment Group’s Ethane-based Ethlyene, LLDPE, HDPE Project

This project is based on the expected increase of ethane import in the future. According to JLC, the Sino-U.S. trade negotiations agreed to increase U.S. energy exports.The import of ethane may increase the demand for domestic ethane cracking.

05-22-2018 14:20:39

China PE price to rise amid bullish expectation of LLDPE demand

China PE market price is expected to rise in the future, but the price increase will be constrained by the macro economy situation and the inventory level.

02-27-2018 18:12:26

Spread between LDPE and LLDPE is narrower

Introduction: The LDPE price used to be the high-end price among PE products. However, China LDPE market price kept slipping in the second half of 2017, and the spread between LDPE and LLDPE became narrower continuously.

01-29-2018 09:17:47

LLDPE price is likely to stay over CNY8,500/mt

In June 2017, the PE market kept vibrating. On the one hand, the maintenance and production change made the LLDPE supply tight. On the other hand, the marketable inventories were consumed slowly as the demand kept weak.

06-30-2017 15:40:03

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