North America LLDPE Prices Movement Q2
 

LLDPE Prices in USA:

In June 2024, the Prices of LLDPE (Linear Low-Density Polyethylene) in the United States was recorded at 1160 USD/MT. The market experienced a noticeable decline in prices throughout the second quarter of the year. This downward trend was primarily caused by an oversupply of the product and reduced demand from key industries, such as construction and automotive. Even though summer is typically a busy season for construction, demand remained weak. Additionally, logistical challenges and high inventory levels further contributed to the persistent decrease in prices. Broader economic pressures also played a role in maintaining the bearish market sentiment.

LLDPE Prices in Japan:

In June 2024, LLDPE prices in Japan reached 1130 USD/MT. The market saw an increase in prices because of consistent demand in industries like construction and automotive. At the same time, there were supply issues due to logistical challenges and plant maintenance. Additionally, the costs of energy and freight were higher, which also contributed to the price rise, reflecting the pressures faced in the market.

LLDPE Prices in Germany:

In June 2024, the price of LLDPE in Germany reached 1465 USD/MT. The market saw a decrease in prices due to a combination of factors. High inventory levels meant there was an excess supply of LLDPE, which put downward pressure on prices. Additionally, demand from key industries like construction and automotive was weaker than expected, further contributing to the price drop. Seasonal factors and challenges in global exports also added to the decline, as these external pressures made the market outlook more negative. Economic uncertainties also played a role in creating a cautious atmosphere in the market.

LLDPE Prices in Saudi Arabia:

In Saudi Arabia, LLDPE prices reached 1045 USD/MT in June 2024. The prices experienced fluctuations during the quarter. Initially, prices dropped, but in June, they started to rise again. This increase was mainly caused by higher freight costs and disruptions in sea routes, which affected the supply chain and market stability.

LLDPE Prices in Brazil:

In Brazil, the price of LLDPE (Linear Low-Density Polyethylene) reached 1255 USD/MT in June 2024. The market experienced a downward trend due to several factors. There was an oversupply of the material, meaning more was available than needed. At the same time, demand in key industries like construction and automotive was weak, which further contributed to the lower prices. Additionally, logistical challenges, such as transportation problems and high inventory levels, put more pressure on the market. As a result, the market remained bearish, with prices continuing to fall throughout the quarter.

How IMARC Pricing Database Can Help

The latest IMARC Group study, “LLDPE Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of LLDPE Trend, offering key insights into global LLDPE market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines LLDPE demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

Request to Get the Sample Report: https://www.imarcgroup.com/lldpe-pricing-report/requestsample

 
Key Features:

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United State: +1-631-791-1145