In Q1 2025, RLLDPE natural granules FOB Shanghai held nearly flat at USD 746/MT, registering a marginal 0.1% uptick from Q4 2024. Natural pellets Ex Jeddah prices rose to USD 808/MT, up 1.0%, supported by steady Middle Eastern demand and modest feedstock cost increases. By contrast, natural pellets FD Hamburg eased slightly to USD 1,136/MT, down 0.4%, as European buyers remained cautious ahead of spring restocking. Overall, the quarter saw balanced availability in China and Saudi Arabia, while Europe absorbed ample inventories amid mixed downstream sentiment.



