- A Middle Eastern producer contacted by SSESSMENTS.COM’s team informed that the company has yet to announce export offers for July shipment to the Southeast Asia market. The price list is expected to come out by next week. The producer added that even though PE prices in Southeast Asia market is firm, the actual demand is not strong yet.
- Whereas in Indonesia, the leading polyolefins producer in the country has announced a price list for the week commencing June 15. Compared to last week’s level, SSESSMENTS.COM noted that the producer adjusted up the offers for HDPE Film and LLDPE Film C4 by IDR140,000/ton ($9.8/ton).
| Product | Price (USD) | Terms | Changes From Previous Trading Day (USD) |
|---|
| Brent | 38.73 | August Settlement | 0.18 |
| NYMEX | 36.26 | July Settlement | -0.08 |
| Naphtha | 338 | CFR Japan | No Changes |
| Ethylene | 803-809 | CFR NEA | No Changes |
| Ethylene | 753-759 | CFR SEA | No Changes |
| Propylene | 763-769 | CFR China | -10 |
| Propylene | 728-734 | FOB Korea | -5 |
HDPE Film, on cash/credit term, FD basis, excluding VAT (except PHP term includes 12% VAT, all equivalent in USD excludes VAT)
| Origin | Currency | Offers/ton | Equivalent in USD/ton |
|---|
| Indonesia | IDR | 13,150,000-13,450,000 | 926-947 |
| Malaysia | MYR | 3,440*-3,580* | 805-838 |
| Philippines | PHP | 52,000-54,000** | 921-956 |
| Thailand | THB | 28,000-30,000 | 900-964 |
Description: *Offers on 30 days credit term **Offers on 60 days credit term
LDPE Film, on cash/credit term, FD basis, excluding VAT (except PHP term includes 12% VAT, all equivalent in USD excludes VAT)
| Origin | Currency | Offers/ton | Equivalent in USD/ton |
|---|
| Malaysia | MYR | 3,980*-4,250* | 932-995 |
| Thailand | THB | 32,500-34,000 | 1,045-1,093 |
Description: *Offers on 30 days credit term
LLDPE Film C4, on cash/credit term, FD basis, excluding VAT (except PHP term includes 12% VAT, all equivalent in USD excludes VAT)
| Origin | Currency | Offers/ton | Equivalent in USD/ton |
|---|
| Indonesia | IDR | 13,040,000 | 919 |
| Malaysia | MYR | 3,390* | 794 |
| Philippines | PHP | 52,000-54,000** | 921-956 |
| Thailand | THB | 28,000-29,500 | 900-948 |
Description: *Offers on 30 days credit term **Offers on 60 days credit term
Import on LC at sight, CIF Southeast Asia main port basis
| Origin | Product | Offers (USD/ton) |
|---|
| Middle East | HDPE Film | 740-820* |
| Southeast Asia | HDPE Film | 820-860** |
| Middle East | LDPE Film | 860-920 |
| Southeast Asia | LDPE Film | 900-960 |
| Middle East | LLDPE Film C4 | 770-840* |
| Southeast Asia | LLDPE Film C4 | 820-860 |
Description: *Shipment from Singapore/Malaysia **July shipment
Tags: Asia Pacific,Daily,English,PE,SEA
Published on June 15, 2020 11:57 AM (GMT+8)
Last Updated on June 15, 2020 11:57 AM (GMT+8)
