Polymerupdate global resin pricing: Prices continue downward slide in Europe, AsiaPolymerupdate global resin pricing: Prices continue downward slide in Europe, Asia

 Polymerupdate (www.polymerupdate.com) reports that low-density polyethylene (LDPE) rates reduced in Asia on the basis of falling crude and weakening naphtha, which has pressured ethylene prices down. LDPE fell $10/tonne with offers to the Far East slashed to $1650/tonne CFR, with some offers for LDPE down to $1630/tonne CFR from regional producers, and some traders going as low as $1600/tonne CFR. Linear low-density polyethylene (LLDPE) prices were lower yet, hitting $1460/tonne CFR.