Price of Linear Low-Density Polyethylene

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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 regions
  largest refinery at ExxonMobils 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

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Linear Low-Density Polyethylene
prices online
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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 governments 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

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Linear Low-Density Polyethylene Demand In USA
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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 regions
  largest refinery at ExxonMobils Baytown facility.

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Linear Low-Density Polyethylene
Supply
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