Packaging
HDPE & LDPE
900
1,200
1,500
1,800
2,100
Dec 19 Mar 20 Jun 20 Sep 20 Jun 21 Sep 21 Dec 21
HDPE EU - EUR/MT
Dec 20 Mar 21
2O49 - HDPE cont del DE
EU HDPE prices continued the upward trend in December, due to continued issues in the supply
chain in the EU. Freight disruptions, exacerbated by the Omicron variant, also supported prices. This
caused the December average price of EU HDPE to increase marginally to EUR 1,868/MT, up 62.7%
y-o-y and 3.6% m-o-m.
The EU LDPE price exhibited the same trend as the EU HDPE price, rising slightly on the back of
supply chain disruptions. Consequently, the December average price of EU LDPE was EUR 2,311/MT,
up 80.2% y-o-y, and 1.7% m-o-m.
1,000
1,400
1,800
2,200
2,600
Dec 19 Mar 20 Jun 20 Jun 21 Sep 21 Dec 21
LDPE EU - EUR/MT
Sep 20 Dec 20 Mar 21
2O50 - LDPE cont del DE
1,000
1,400
1,800
2,200
2,600
3,000
Dec 19 Mar 20 Jun 20 Sep 20 Jun 21 Sep 21 Dec 21
HDPE US - USD/MT
Dec 20 Mar 21
2O81 - HDPE cont fob US
US polymer prices did not reflect prices in the EU, as US HDPE prices declined in December amid
excess supply. However, producers were faced with difficulty in clearing these excess volumes due to
a lack of containers, personnel and ship space, which dampened exports despite reported heavy
export sales. The December average price of US HDPE was recorded at USD 2,458/MT, up 50.7% yo-y
but down 5.1% m-o-m.
US LDPE mirrored the market trend in the US HDPE market, with prices weakening due to excess
supply across US production factories. Accordingly, the December average price of US LDPE reached
USD 3,009/MT, up 45.2% y-o-y but down 4.2% m-o-m.
1,400
1,800
2,200
2,600
3,000
3,400
Dec 19 Mar 20 Jun 20 Jun 21 Sep 21 Dec 21
LDPE US - USD/MT
Sep 20 Dec 20 Mar 21
2O82 - LDPE cont fob US
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