- A trader contacted by SSESSMENTS.COM on April 6 stated that market talks have it that Saudi HDPE Film sold at $700/ton on LC at sight, CIF Malaysia main port basis. Further added by the trader, the cargoes will be shipped from Taiwan.
- Whereas in Indonesia, the leading polyolefins producer in the country has announced fresh offers for the week commencing April 6. As compared to the previous price list, SSESSMENTS.COM noted that the producer decided to roll over the offers for all PE grades.
| Product | Price (USD) | Terms | Changes From Previous Trading Day (USD) |
|---|
| Brent | 34.11 | June Settlement | 4.17 |
| NYMEX | 28.34 | May Settlement | 3.02 |
| Naphtha | 215 | CFR Japan | 19 |
| Ethylene | - | CFR NEA | No Settlement* |
| Ethylene | - | CFR SEA | No Settlement* |
| Propylene | - | CFR China | No Settlement* |
| Propylene | - | FOB Korea | No Settlement* |
Description: *No settlement due to Ching Ming festival
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 | 14,640,000-14,780,000 | 877-885 |
| Malaysia | MYR | 3,660*-4,110* | 840-943 |
| Philippines | PHP | 59,000-60,000 | 1,035-1,053 |
| Thailand | THB | 28,500-29,000 | 861-876 |
Description: *Offers on 30 days credit term
LDPE Film, on cash/credit term, FD basis, excluding VAT
| Origin | Currency | Offers/ton | Equivalent in USD/ton |
|---|
| Malaysia | MYR | 4,270*-4,370* | 980-1,003 |
| Thailand | THB | 29,000 | 876 |
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 | 13,850,000 | 830 |
| Malaysia | MYR | 3,520*-3,620* | 808-831 |
| Philippines | PHP | 59,000 | 1,035 |
| Thailand | THB | 28,750-29,000 | 868-876 |
Description: *Offers on 30 days credit term
Import on LC at sight, CIF Southeast Asia main port basis
| Origin | Product | Offers (USD/ton) |
|---|
| Middle East | HDPE Film | 710*-770 |
| Southeast Asia | HDPE Film | 730-800 |
| Middle East | LDPE Film | 850-880 |
| Southeast Asia | LDPE Film | 950-980 |
| Middle East | LLDPE Film C4 | 770-830 |
| Southeast Asia | LLDPE Film C4 | 790-840 |
Description: *Shipment from Malaysia and Singapore
Tags: Asia Pacific,Daily,English,PE,SEA
Published on April 6, 2020 12:43 PM (GMT+8)
Last Updated on April 6, 2020 2:34 PM (GMT+8)
