Polymer News: Low Density Polyethylene (LDPE) Spot Prices Edge Lower In Europe

European LDPE Spot Prices Slightly Down Amid Market Uncertainty
LDPE spot prices in Europe saw slight declines this week, driven by eased supply tightness, weak derivative demand, and cautious sentiment due to political uncertainties and tariff concerns. Although less import-reliant, LDPE was affected by broader PE market softness.
PE market activity remained low amid global instability and volatile crude and naphtha prices. Many buyers delayed April deals, some negotiating lower prices. Supply stayed balanced despite reduced output, with mixed demand—low interest from traders but strong orders reported by producers.
The EU’s proposed 25% tariff on US PE, initially set for April 13, was postponed, easing immediate impact. Full effects are expected by May. Easter plant shutdowns have also temporarily reduced demand.
Ethylene’s April contract dropped Euro 55 per metric tone, with further declines likely. This bearish feedstock trend led buyers to delay or limit purchases, relying on existing stocks.
Despite falling monomer costs, producers aim to maintain or slightly increase prices, adjusting targets due to market volatility and tariff-related uncertainty.


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