Monday’s auction session revealed a deepening divergence in the polyolefin market. While LLDPE continues to benefit from opportunistic, need-based replenishment, the PP complex is experiencing a structural demand fatigue, as downstream converters increasingly retreat from the market in anticipation of further price erosion.
North American PE has arrived in Asia months ahead of schedule, and the scale of the push is unmistakable. At least four international trading houses circulated US and Canadian-origin HDPE and LLDPE offers this week