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NewsSSESSMENTS: Updates On Local PE, PP Prices In China Market March 24

Author: SSESSMENTS

A Chinese trader shared with SSESSMENTS.COM on the latest local PE and PP prices in the country as of March 24. Compared to the price list received on Monday, March 23, local offers for PE grades surfaced with a reduction of between CNY100-450/ton ($14-63/ton), except for HDPE Blow Moulding, HDPE Film, LDPE Film, and LLDPE Film C4 captured stable. For PP grades, local offers across all grades remain unchanged, except for PP Homo Injection, PP Impact Copolymer, and PP Random Copolymer Injection dropped by CNY200/ton ($28/ton) as compared to the same period. 

Offer given for local PE, PP on cash, EXW China basis (CNY term including 13% VAT, all equivalent in USD excluding VAT)

OriginProductMarch 24, 2020 Price List (CNY/ton)March 24, 2020 Price List (USD/ton)Changes From March 23, 2020 (CNY/ton)
ChinaHDPE Blow Moulding7,100885No Changes
ChinaHDPE Cable7,350916-100
ChinaHDPE Film7,100885No Changes
ChinaHDPE Injection6,700-7,400835-922-100
ChinaHDPE Pipe7,150-7,350891-916-100 to -450
ChinaHDPE Yarn6,900860-100
ChinaLDPE Film7,350-8,000916-997No Changes
ChinaLLDPE Film C46,600-6,700822-835No Changes
ChinaBOPP6,700835No Changes
ChinaPP Homo Fiber7,550941No Changes
ChinaPP Homo Injection6,800-7,300847-910-200
ChinaPP Homo Raffia6,600-7,000822-872No Changes
ChinaPP Impact Copolymer7,200-7,350897-916-200
ChinaPP Random Copolymer Injection7,950-8,500991-1,059-200

Tags: Asia Pacific,China,English,NEA,News,PE,PP

Published on March 24, 2020 1:18 PM (GMT+8)
Last Updated on March 24, 2020 2:11 PM (GMT+8)