NewsSSESSMENTS: Indian Polyolefins Producer Plans To Widen Price Delta For HDPE Between Vietnam And China Market

Author: SSESSMENTS


An Indian polyolefins producer contacted by SSESSMENTS.COM informed about the plan to widen price delta for HDPE Yarn between Vietnam and China. As China market has not fully resumed yet, the producer decided to delay the export HDPE Yarn offers to the China market. Fresh export offers are scheduled to be announced by next week, after discussing buyers’ buy idea. The producer explained, “We might release the fresh offers by next week based on our customers’ buy idea. We will not give a high price to China market considering the current market situation. Instead, we are planning to give a higher price to the Vietnam market. Usually, offers to Vietnam market is $10/ton higher than to China market. But this time we plan to widen the price delta between $30-40/ton.”



 

Tags: Asia Pacific,China,English,EN PE CHINA NSS,EN PE SEA NSS,India,NewsSSESSMENTS,Northeast Asia,Polyethylene (PE),Southeast Asia,Vietnam China HDPE Yarn Prices,Indian HDPE Yarn Prices,Vietnam HDPE Yarn Prices

February 13, 2020 4:25 PM