LDPE Prices in the USA Expected to the Continue the Downward Path
Low Density Polyethylene (LDPE) prices in the USA have been falling with mild fluctuations since the past four to five months now. The prices are expected to continue the downward path for the upcoming month also as the demand appears to be stagnant and the prices of feedstock ethylene are falling in the USA. The prices of LDPE were assessed at USD 1995 per tonne in the last week of June, the prices fell to USD 1945 per tonne in the month of July, with the prices falling further to USD 1880 per tonne in the month of August. The prices for the month of October and November are USD 1790 per tonne and USD 1690 per tonne respectively. The demand has been stagnant due to the declining demand of packaging for online orders after the easing of coronavirus related lockdowns in the USA. Prices of Ethylene have also been falling consistently since July. LDPE is a versatile, semi-rigid thermoplastic made from monomer Ethylene. LDPE is highly resistant towards moisture and chemicals, that mak...