Used in thin film for packaging and coatings for cables and injection moulds.
The chart above shows the daily end-of-day Platts Global Low-Density Polyethylene Price Index price in red and also displays the 20-day moving average in blue.
Low-density polyethylene (LDPE) prices climbed 5% in January to $1,550 per metric ton (/mt), up from the December price of $1,476/mt, according to the just-released monthly average of the Platts Global Petrochemical Index (PGPI), a benchmark basket of seven widely used petrochemicals.
The price increase in the LDPE market failed to keep up with that of its raw input ethylene, which was up 10% in January.
Next chart: Platts Global Ethylene Price Index
Global Petrochemical Prices Rose 6% in January on Tight Olefins Supplies
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