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NewsSSESSMENTS: July Shipment PE Offers From United Arab Emirates Surfaced In India Market With Notable Adjustments

Author: SSESSMENTS

An Indian trader reported to SSESSMENTS.COM that July shipment PE offers from United Arab Emirates surfaced in the India market with notable adjustments. Compared to offers for June shipment, offers for HDPE Film increased between $70-80/ton while offers for LLDPE Film C4 went up by $80/ton. The trader added that allocation for July shipment is very limited.

Pertaining to LDPE Film offers from the Middle East at $810/ton on LC at sight, CIF Nhava Sheva Port, the trader has not heard such level surfaced in the market yet. The trader commented to SSESSMENTS.COM that the level was too low for current market prices as offers for Saudi and Qatar origins stood at $890/ton and $900/ton respectively with the same payment and delivery terms.

Import PE offers on LC at sight, CIF Nhava Sheva Port

OriginProductTransaction TypeOffers (USD/ton)
United Arab EmiratesHDPE FilmOffer Received810-820
SaudiLDPE FilmOffer Received890
QatarLDPE FilmOffer Received900
United Arab EmiratesLLDPE Film C4Offer Received850

Tags: Asia Pacific,English,India,Middle East,News,PE,Qatar,Saudi Arabia,UAE

Published on June 26, 2020 6:03 PM (GMT+8)
Last Updated on June 26, 2020 6:03 PM (GMT+8)