- A Thai PE producer informed SSESSMENTS.COM that the company is offering import HDPE Film cargoes to China market at $960/ton on LC at sight, CIF China Main Port basis, which is stable compared to last week. The producer also commented that the sales are slow since the market is not in a favourable condition.
- In the domestic market, a trader reported to SSESSMENTS.COM that the company’s offers for local LDPE Film and LLDPE Film C4 cargoes were adjusted higher between CNY50-150/ton ($7-21/ton) and CNY50-100/ton ($7-14/ton) respectively compared to Monday’s levels. While for local HDPE Film cargoes, the trader is keeping offers stable as compared to the same period.
| Product | Price (USD) | Terms | Changes From Previous Trading Day (USD) |
|---|
| Brent | 43.75 | September Settlement | 0.53 |
| NYMEX | 41.27 | September Settlement | 0.23 |
| Naphtha | 393 | CFR Japan | No Changes |
| Ethylene | 798-804 | CFR NEA | No Changes |
| Ethylene | 712-720 | CFR SEA | No Changes |
| Propylene | 818-824 | CFR China | No Changes |
| Propylene | 778-784 | FOB Korea | No Changes |
Futures Price on Dalian Commodity Exchange (DCE)
| Dalian Futures September 2020 | Today’s Open (CNY/ton) | Previous Trading Day’s Settlement (CNY/ton) | Today’s Settlement (CNY/ton) |
|---|
| LLDPE | 7,105 | 7,105 | 7,095 |
HDPE Film, on cash, EXW China basis, including 13% VAT
| Origin | Previous Trading Day’s Range (CNY/ton) | Today’s Range (CNY/ton) |
|---|
| China | 8,350-8,500 | 8,350-8,500 |
LDPE Film, on cash, EXW China basis, including 13% VAT
| Origin | Previous Trading Day’s Range (CNY/ton) | Today’s Range (CNY/ton) |
|---|
| China | 8,450-8,850 | 8,500-8,600 |
LLDPE Film C4, on cash, EXW China basis, including 13% VAT
| Origin | Previous Trading Day’s Range (CNY/ton) | Today’s Range (CNY/ton) |
|---|
| China | 7,200-7,400 | 7,250-7,400 |
Import on LC at sight, CIF China main port basis
| Origin | Product | Previous Trading Day’s Range (USD/ton) | Today’s Range (USD/ton) |
|---|
| Far East Asia | HDPE Film | - | 950 |
| Southeast Asia | HDPE Film | - | 950-960 |
| Middle East | HDPE Film | 910-960 | 910-960 |
| Middle East | LDPE Film | 975-1,000 | 970-1,000 |
| Southeast Asia | LLDPE Film C4 | 890 | 890 |
| Middle East | LLDPE Film C4 | 830-850 | 830-850 |
Tags: Asia Pacific,China,Daily,English,Freemium,NEA,PE
Published on July 30, 2020 2:45 PM (GMT+8)
Last Updated on October 1, 2020 2:22 PM (GMT+8)
