HDPE (F46003) Price Trend and Forecast

HDPE (F46003) Regional Price Overview

Get comprehensive insights into the HDPE (F46003) market, with a focused analysis of the HDPE (F46003) price trend across Asia, Europe, North America, Latin America, and the Middle East & Africa.

HDPE (F46003) Price Trend for Q2 of 2025

During Q2’25, HDPE (F46003) prices followed a mixed trajectory across global markets, largely shaped by demand patterns, supply shifts, and geopolitical developments. In Asia, prices trended lower through April and May as buyers remained cautious, with demand staying weak even after production cutbacks ended.
 

HDPE (F46003) Price Chart

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Market sentiment stayed subdued due to soft downstream activity and the uncertain impact of U.S. tariffs. Traders in the region attempted to ease inventory pressure by offering discounts, yet buyers showed reluctance to purchase beyond immediate needs. The market experienced minor fluctuations, particularly in China and Southeast Asia, where excess supply and weak buying kept prices under pressure despite some optimism over reduced U.S. tariffs.

In contrast, the European HDPE market saw price gains early in Q2, driven by tight supply resulting from reduced production and limited imports. This upward momentum was mostly sustained through April, particularly in the contract market. However, by mid-June, the spot market weakened again as demand remained soft and sellers faced growing pressure from U.S. import opportunities. Economic signals from the Eurozone remained mixed, and many producers held back from aggressive pricing due to ongoing tariff uncertainties and the fragile industrial environment.

Analyst Insight

According to Procurement Resource, HDPE prices may remain under pressure in Asia due to continued weak demand, while Europe could see further softness unless a supply shock or tariff development shifts sentiment.
 

HDPE (F46003) Price Trend for Q1 of 2024

Stay updated with the latest HDPE (F46003) prices, historical data, and tailored regional analysis
 

In the first quarter of 2024, the HDPE (F46003) markets experienced varied dynamics influenced by regional factors. In Asia, particularly in China and India, HDPE (F46003) prices fluctuated differently; in China, prices remained relatively stable despite fluctuations in crude oil prices, while in India, the prices fluctuated within close limits.

In the Indian HDPE (F46003) market, the monthly average prices went from about 1194 USD/MT in January’24 to 1188 USD/MT in March’24. There was a marginal rise in HDPE prices, driven by increasing crude oil prices and geopolitical tensions affecting oil output initially in the first couple of months. However, the prices could not sustain that momentum.

Humble downstream demands and inventory stocks prevented suppliers from raising the prices further and instead reversed the price trajectory, and thus, a slight dip in market prices was seen in the latter phase of the quarter. Despite positive pushes from rising feedstock costs, suppliers faced unsatisfactory demand levels for most of the quarter. Overall, these regions experienced distinct market dynamics throughout the first quarter of 2024.

Analyst Insight

According to Procurement Resource, the HDPE (F46003) prices are expected to waver in the coming months as well. However, the demand trajectory is not looking hopeful moving forward.

Procurement Resource provides latest prices of HDPE (F46003). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.