Price Of Linear Lowdensity Polyethylene PowerPoint PPT Presentations

Price of Linear Low-Density Polyethylene 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 increasing consumption of plastic in various end user industries including packaging, agriculture, construction, automotive, houseware, marine, and toy components is the primary driving force for the growth of LLDPE market.

Plastic Material And Resin Global Market Briefing provides strategists, marketers and senior management with the critical information they need to assess the global Plastic Material And Resin Services sector.

Plastic Material And Resin Global Market Analytics provides strategists, marketers and senior management with the critical information they need to assess the global Plastic Material And Resin Services sector.