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NewsSSESSMENTS: Following Market Movement, Thai PE Producer Revised PE Prices To China Market

Author: SSESSMENTS

SSESSMENTS.COM noted that a Thai PE producer has revised PE prices to China following the market movement. As of Tuesday (May 12), the producer decided to slash all PE offers to the country as could not manage to sell any cargoes at the previous day’s levels. Following the market trend, HDPE Film and LLDPE Film C4 offers were adjusted down by $10/ton as compared to offers on Monday. Meanwhile, offers for mLLDPE C6 dropped significantly by $115/ton as compared to the same period. The latest mLLDPE C6 offers are available at $900/ton on LC at sight, CIF China main port basis. 

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DailySSESSMENTS: China PE Price 12th May 2020

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

OriginProductTransaction TypeOffers (USD/ton)
ThailandHDPE FilmOffer Given810
ThailandLLDPE Film C4Offer Given790
ThailandmLLDPE C6Offer Given900

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

Published on May 13, 2020 9:54 AM (GMT+8)
Last Updated on May 13, 2020 9:54 AM (GMT+8)