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NewsSSESSMENTS: August Shipment PE Offers From Saudi Producer To China Posted Notable Adjustment

Author: SSESSMENTS

Market sources in China reported to SSESSMENTS.COM that August shipment PE offers from a Saudi producer to the China market posted a notable adjustment. As compared to July shipment offers, HDPE Film offers for August shipment from a Saudi producer emerged with an upward adjustment of $100/ton, currently available at $950/ton on LC at sight, CIF China main port basis. Meanwhile, the producer’s offers for LLDPE Film C4 hiked by $50/ton as compared to the same period. According to the sources, August shipment offers from the producer is considered high; hence, the deals might be limited.

Import PE offers on LC at sight, CIF China Main Port basis

OriginProductTransaction TypeOffers (USD/ton)
SaudiHDPE FilmOffer Received950
SaudiLLDPE Film C4Offer Received850

Tags: Asia Pacific,China,English,Middle East,NEA,News,PE,Saudi Arabia

Published on July 27, 2020 6:04 PM (GMT+8)
Last Updated on July 27, 2020 6:04 PM (GMT+8)