The US low-density polyethylene (LDPE) export market remained stable this week, with prices unchanged as balanced supply and demand kept trading conditions subdued. Market participants reported that while fundamentals are steady, broader uncertainties, ranging from global currency movements to evolving trade policies, continue to cloud the short-term outlook.
An industry source told that LDPE spot prices showed no significant movement, as sellers and buyers alike exercised caution. “Stable supply and demand have maintained prices at current levels, yet uncertainties regarding currency volatility, changes in trade policies, and local competition still obscure the forecast,” the source explained. Purchasers were largely hesitant to commit to new volumes, while vendors closely tracked potential shifts in international trade flows that could shape sentiment in the weeks ahead.
FAS Houston LDPE export prices were assessed at USD 960–980/mt, flat from the previous week. Traders remarked that the pause in activity reflects not only market equilibrium but also a wait-and-see approach from both sides as September nears, with many expecting fresh direction from global offers.
Upstream, spot ethylene prices in the US Gulf were assessed steady at 20.50–21.00 cents/lb FOB, while the US ethylene contract for August settled at 32.00 cents/lb, a marginal decline of 0.25 cents/lb from July. Market players suggested that the slight dip in contract levels underscores limited cost support for LDPE producers, adding to the cautious sentiment.
Overall, the US LDPE export market appears to be in a holding pattern, with prices locked in a narrow range as participants monitor external risks. Unless downstream demand improves or global trade flows shift significantly, stability is likely to persist into the near term.
