VIDEO: China LDPE market trapped in weak fundamentals in Q2‘21

Author: Joanne Wang

2021/05/27

SINGAPORE (ICIS)--Watch industry analyst Joanne Wang share with us the recent plunge in China’s LDPE market.

  • LDPE prices slump by over CNY2,000/tonne since mid-March
  • LDPE imports dive 30.9% month on month in April
  • Bearish downstream demand; weak buying sentiment