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Asian High Density Polyethylene Prices May Rise Moderately: TexPro

12
July 2009

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CFR Far East (FE) Asia, the price of high density polyethylene (HDPE), is reasonable in the coming months as countries immunize their citizens and deregulate the growing demand for products around the world. Is expected to rise. Crude oil prices are also rising as demand rises, helping to maintain prices for their derivatives.

HDPE prices could also rise by the end of this year as China managed a very high COVID case in April 2021. HDPE is a popular choice for non-woven fabrics.

HDPE, CFR (Cost and Freight) FE Asia prices were $ 931.43 per ton in January 2021 and rose 24.63% to $ 1,160.87 per ton in March 2021. However, it fell in the second quarter due to the sudden rise in COVID. Incident and blockade imposition in China. Prices fell to $ 1,020.45 per metric ton in June 2021, according to the report. Fiber2Fashion market analysis tool TexPro..

However, it is expected to reach $ 1,083.23 per ton in December 2021, which is 6.15 percent above the June 2021 price.

Fiber2Fashion News Desk (KD)

CFR Far East (FE) Asia, the price of high density polyethylene (HDPE), is reasonable in the coming months as countries immunize their citizens and deregulate the growing demand for products around the world. Is expected to rise. Crude oil prices are also rising as demand rises, helping to maintain prices for their derivatives.



Asian High Density Polyethylene Prices May Rise Moderately: TexPro

Source link Asian High Density Polyethylene Prices May Rise Moderately: TexPro

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