Wednesday, May 02, 2012

New LDPE capacities coming in the midst of weakening prices

Two new LDPE plants are slated to come onstream in the Middle East in June, according to market sources. As the scheduled start-up dates draw near, some players have started to voice their opinion aboout the prospect of the LDPE market, arguing “The extra availability may put pressure on LDPE prices as these plants are coming online at a time when prices have already turned down.

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