Linear Low-Density Polyethylene Demand

1. Linear Low-Density Polyethylene price Linear Low Density Polyethylene price in the first quarter of 2022 witnessed a supply shock in the feedstock ethylene market as the region’s largest refinery at ExxonMobil’s Baytown facility in Texas caught fire in the last week of December 2021. Demand witnessed a sharp rise by the second week of February and the planned cost push of USD 0.07/lb by major domestic producers including ExxonMobil, Lyondell Basel and Dow Chemicals. Other producers were hesitant to hike their offers due to lower than expected demand as well as an uncertain supply chain scenario vis-à-vis the overseas market. The month of March saw prices stabilize after witnessing a sharp surge of USD 90/MT in the last week of February. The stabilization was mostly due to a softening in the ethylene monomer market driven by lowered Natural Gas Liquid prices (Propane and Ethane) and injection of new capacities, especially with the commencement of production at the SABIC-Exxon JV with a combined capacity of producing 1.3mn tons of LLDPE and m-LLDPE per year that diluted the supply crunch in the month of March. https://www.chemanalyst.com/Pricing-data/lldpe-6

2. Linear Low-Density Polyethylene prices online

3. Find the Linear Low-Density Polyethylene pricing Linear Low-Density Polyethylene pricing surge in the third week of January on the back of supply shortages due to the Chinese government’s strict covid 19 protocols that caused a significant amount of production to go offline as well as delayed container transit in to and out of critical container terminals such as Ningbo and Shanghai. Imports from the Korean Peninsula, India and the US found it hard to make their way into the domestic market. After a temporary slump in demand in the first week of February at the onset of Lunar new year holidays, demand finally grew stronger by the last week of February as the start of war in eastern Europe prompted buyers, mostly downstream moulders, and extruders to stock up their inventories in expectation of higher feedstock monomer prices. https://www.chemanalyst.com/Pricing-data/lldpe-6

4. Linear Low-Density Polyethylene Demand In USA

5. Price of Linear Low-Density Polyethylene online European LLDPE production during the quarter ending March had come under extraordinary pressure from disruption of natural gas supplies during the first half of the quarter. Linear Low Density Polyethylene market in the first quarter of 2022 witnessed a supply shock in the feedstock ethylene market as the region’s largest refinery at ExxonMobil’s Baytown facility.

6. Linear Low-Density Polyethylene Supply

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