High Density Polyethylene (HDPE) Price Trend Q3 2025
The global HDPE price trend during Q3 2025 has witnessed mixed regional dynamics. In the USA and North America, the HDPE price trend has shown a weak upwards movement because of firm demand in agriculture and packaging. On the contrary, in Europe, HDPE price trend declined because of excessive supply and weakening demand from major industries.
Asia has shown a mixed trend, with China experiencing a mild price drop owing to poor demand, whereas India has seen small price hikes fuelled by strong demand from the packaging industry and firm local supply. In Latin America, Brazil has experienced a declining price trend based on poor domestic consumption and heavy import competition.
Meanwhile, the Middle East and Africa have held firm prices, supported by solid demand from infrastructure activities. The worldwide trend in the price of HDPE during Q3 2025 has been influenced by a combination of supply-demand and regional market drivers.
Mexico
HDPE Import prices CIF Manzanillo, Mexico from USA, Grade Injection Moulding Grade (MFI: 20).
The HDPE price trend in Mexico has decreased by 0.3% during Q3 2025. Subdued demand in the packaging sector and a sufficient supply of material have led to lower procurement activities. HDPE prices in Mexico have experienced a significant drop of 5.4% in September 2025 compared to August, largely driven by weaker ethylene prices, which have reduced production costs. The availability of imported resins from Asia has also increased supply pressure.
Domestic converters have focused on existing inventories, resulting in reduced fresh buying. As a result, the overall HDPE price trend in Mexico has remained under pressure. Market participants have been cautious, awaiting stability in crude oil prices and feedstock costs. The HDPE price trend may stabilize once inventories normalize and seasonal demand resumes, although short-term weakness has persisted.
Germany
HDPE Domestically Traded prices FD Hamburg, Germany, Grade Injection Moulding Grade (MFI: 11-20).
In Germany, the HDPE price trend for injection moulding grade (MFI: 11–20) under FD Hamburg has decreased by approximately 3.8% during Q3 2025. This downward price trend has primarily been attributed to weak demand from packaging, automotive, and household goods sectors. HDPE prices in Germany have continued to fall by 4.1% in September, mainly due to reduced feedstock costs from ethylene prices. Ample supply and lower purchasing activity among traders have added to the bearish market sentiment.
Imports from other European regions and Asia have contributed to a well-supplied market, leading to further downward pressure. Despite the market’s bearish tone, a potential recovery may have occurred if downstream demand had strengthened or production cuts had been implemented. The current HDPE price trend reflects caution, with traders waiting for more favourable conditions.
Italy
HDPE Domestically Traded prices FD Genoa, Italy, Grade Injection Moulding Grade (MFI: 11-20).
In Italy, the HDPE price trend for injection moulding grade (MFI: 11–20) under FD Genoa has decreased by 3.7% during Q3 2025. Weak demand from packaging and automotive sectors and ample availability in the European market have resulted in declining prices. By September 2025, HDPE prices in Italy have decreased by 4.1% compared to August, largely due to lower ethylene costs and an influx of imports from the EU and Asia.
The competitive market conditions have forced suppliers to lower prices in an attempt to clear excess stock. Buyers have been cautious, focusing on short-term procurement and avoiding long-term contracts. The overall market sentiment has been weak, with any potential recovery hinging on an uptick in downstream consumption or a tightening of regional supply. The HDPE price trend in Italy remains under pressure, with no immediate signs of stabilization.
France
HDPE Domestically Traded prices FD Le Havre, France, Grade Injection Moulding Grade (MFI: 11-20).
The HDPE price trend in Le Havre, France, during Q3 2025 has indicated a 3.7% decrease, driven by low demand from key sectors such as automotive and packaging. This downward price trend has been attributed to ample availability in the domestic market and reduced buying activity.
HDPE prices in France have further dropped by 4.0% in September 2025 compared to August, primarily due to a significant decrease in ethylene prices, which have reduced production costs and supported downward pressure on HDPE price trend. Increased imports from other regions, including the Middle East and Asia, have further contributed to competitive market conditions.
Despite some disruptions related to hurricane preparedness, the European HDPE price trend has remained sluggish. With subdued downstream demand, the HDPE price trend in France may continue to weaken if the recovery from end-users remains slow. Close market monitoring has been necessary.
India
HDPE Domestically Traded prices Ex-Ahmedabad Depot, India, Grade Blow Moulding Grade FDA (MFI: 1.5).
According to the PriceWatch, the HDPE price trend in Ahmedabad, India, during Q3 2025 has shown an upward movement of 2.9%. This increase has primarily been driven by higher demand from the packaging sector, especially in food and beverage applications. The tight supply environment, exacerbated by limited domestic production, has played a key role in pushing prices higher.
However, by September, the HDPE prices in India have experienced a slight decrease of 1.5% due to weak downstream demand, cautious pre-Diwali purchasing, and ample supply in the domestic market. The availability of competitive imports from Southeast Asia has also added downward pressure.
Despite this short-term correction, the HDPE price trend in India is expected to stabilize as festive demand resumes and imports ease. However, the market remains dynamic, and future price trends will depend on seasonal procurement patterns and supply chain developments.
China
HDPE Domestically Traded prices Ex-Nanjing, China, Grade Injection Moulding Grade (MFI: 7–8).
The HDPE price trend in Nanjing, China, for Q3 2025 has shown a marginal decrease of 0.3%, driven by weak demand from the downstream packaging and construction industries. Reduced procurement activities have led to a subdued market, despite stable supply conditions. In September 2025, HDPE prices in China have slightly increased by 0.2% compared to August 2025, supported by a mild rise in ethylene prices.
However, the overall sentiment has remained weak due to sluggish demand, especially from the greenhouse film segment. Regional challenges, such as temporary plant shutdowns, have created minor tightness, but they have been insufficient to significantly alter the price trend.
USA
HDPE Export prices FOB Houston, USA, Grade Blown Film Grade (MFI: 0.03-1.0).
According to the PriceWatch, the price trend of HDPE in the USA throughout Q3 2025 has shown a 0.9% rise based on steady demand from the packaging industry, especially for usage in blown film. Seasonal buying and limited supply constraints have given the requisite push towards price hikes. Yet, in September 2025, US HDPE prices have fallen by 4.1% from August, primarily as a result of a steep decline in ethylene prices, which have lowered the cost support for polymer manufacturers.
Elevated inventory levels and soft downstream demand have also put downward pressure. Building hurricane preparation stocks has skewed near-term market trends towards excess supply. The HDPE price trend in Houston can continue to be weak unless demand from the packaging and film industries improves, compelling buyers to strategically manage procurement.
Brazil
HDPE Import prices CIF Santos, Brazil from USA, Grade Blown Film Grade (MFI: 0.03-1.0).
In Brazil, the price trend of HDPE in Q3 2025 has decreased by 2.8% due to lower consumption from household items and packaging industries. Local converters have pursued a defensive buying strategy due to competitive local imports from Mexico and the USA. Even with steady local production from Braskem, the general Latin American trend in the price of HDPE has come under pressure from weak demand as well as constrained export prospects.
In September 2025, HDPE prices in Brazil have fallen 1.9% from August, mainly driven by the lower US imports. The downward trend in feedstock ethylene prices has also affected market sentiment, further reducing the cost of production. Although the local market has been stable, the trend in the price of HDPE in Brazil has continued to be threatened by good availability and poor export demand. Prices could stabilize if purchasing activity increases towards the latter part of the year.
Belgium
HDPE Domestically Traded prices FD Antwerp, Belgium, Grade Blow Moulding Grade FDA (MFI: 0.2-2.5).
According to PriceWatch, The price trend of HDPE in Antwerp, Belgium, in Q3 2025 has faced a declining trend of 3.3%, mainly caused by weaker buying interest in the packaging and chemical container markets. Local suppliers have also experienced pressure on margins because of weak demand from domestic as well as Western European markets.
The average price band of HDPE Blow Moulding Grade FDA (MFI: 0.2-2.5) has been USD 1010-1020 throughout this quarter. As of September 2025, HDPE prices in Belgium have dropped by a further 3.9% from August on the back of declining ethylene and crude prices, weakening support to costs of production.
Dovetailing with this has been surplus local material and aggressive imports from the Middle East, which has put pressure on prices. Buyers have also been apprehensive about further downtrends. In spite of some temporary relief from maintenance work at certain European crackers, overall HDPE price trend in Belgium has remained on the downtrend. Except in the event of a resurgence in seasonal demand, prices are likely to remain under pressure.
Saudi Arabia
HDPE Export prices FOB Jeddah, Saudi Arabia, Grade Blow Moulding Grade FDA (MFI: 0.3-0.4).
In Jeddah, Saudi Arabia, the HDPE price trend during Q3 2025 has shown a downward movement of 2.1%, reflecting steady domestic production and weak export demand. Local producers have maintained high operating rates, leading to surplus supply and downward pressure on export offers. HDPE prices in Saudi Arabia have decreased by 3.4% in September 2025 compared to August, primarily driven by reduced ethylene prices and weaker regional buying activity.
The lack of export demand from Africa and Southeast Asia has further pressured the market. Moderate consumption in the domestic packaging sector has also contributed to inventory buildup. The HDPE price trend in Saudi Arabia may stabilize if regional buying interest recovers and crude oil price fluctuations subside.
South Korea
HDPE Export prices FOB Busan, South Korea, Grade Injection Moulding Grade (MFI: 0.035-0.045).
The HDPE price trend in Busan, South Korea, during Q3 2025 has shown a decrease of 1.7%, following persistent regional demand weakness and ample supply. Domestic producers have continued to export actively to balance inventory levels. By September 2025, HDPE prices in South Korea have decreased by 2.6% compared to August, mainly due to lower ethylene prices and weak export demand.
Despite stable domestic production, competitive global offers from countries like China and Southeast Asia have pressured export margins. The packaging and industrial film sectors have experienced moderate activity, further contributing to soft market conditions. The overall HDPE price trend in South Korea remains bearish, with prices likely to stay under mild pressure until demand improves from key importing nations.
Vietnam
HDPE Import prices CIF Haiphong, Vietnam from Saudi Arabia, Grade Blow Moulding Grade FDA (MFI: 0.3-0.4).
In Vietnam, the HDPE price trend during Q3 2025 has shown an upward movement of 2.5%, primarily driven by steady demand in the packaging sector and limited import arrivals. Increased consumption from flexible film converters and stable manufacturing activity has supported higher procurement activity.
In September 2025, HDPE prices in Vietnam have increased by 1.3% compared to August due to improved downstream demand and tighter availability from key exporting countries like South Korea and Saudi Arabia.
The onset of festive packaging demand has also contributed to the upward price movement. The HDPE market trend in Vietnam may continue to see modest price increases in the short term, as balanced fundamentals and stronger seasonal demand provide support to the price trend.