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Home > News > Paint & Coating News > Polymer inventories in China continue to fall

Polymer inventories in China continue to fall

ECHEMI 2020-04-17

Polymer inventories in China are continuing to fall, signalling convertors' return to resin buying after a months-long coronavirus-related lockdown in the country.

Inventories held by key state-controlled producers Sinopec and PetroChina were at 890,000t today, down by 100,000t from a week earlier, marking a fourth consecutive week of decline.

But compared with the usual level of about 700,000 tonnes, stocks are still high.


The price of linear low density polyethylene (ldpe) has risen from $25 a tonne last week to $720 a tonne today, while hdpe has risen $45 a tonne to $755 over the same period.


Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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