A global trading house informed SSESSMENTS.COM that June shipment PE and PP offers from United Arab Emirates producer have surfaced in China market. According to the trader, offers for HDPE Film and LDPE Film from a United Arab Emirates producer moved up by $60/ton on a monthly comparison. Similarly, the producer adjusted up offers for LLDPE Film C4 and HDPE Pipe Black by $30/ton and $90/ton, respectively.
As for PP, offers for PP across all grades from the United Arab Emirates producer increased by $60/ton as compared to the same period. Further added by the trader to SSESSMENTS.COM, HDPE Pipe Black price of Middle East origin is higher than the other origins. Usually, the price gap could be $100/ton depending on the grades.
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Import PE, PP offers on LC at sight, CFR China Main Port basis
| Origin | Product | Transaction Type | Offers (USD/ton) |
|---|
| United Arab Emirates | HDPE Film | Offer Received | 760 |
| United Arab Emirates | LDPE Film | Offer Received | 820 |
| United Arab Emirates | HDPE Pipe Black (100) | Offer Received | 1,050 |
| United Arab Emirates | LLDPE Film C4 | Offer Received | 820 |
| United Arab Emirates | PP Homo Raffia | Offer Received | 830 |
| United Arab Emirates | PP Block Copolymer | Offer Received | 860 |
| United Arab Emirates | PP Random Copolymer Blow | Offer Received | 920 |
Tags: Asia Pacific,China,English,Middle East,NEA,News,PE,PP,UAE
Published on May 29, 2020 12:35 PM (GMT+8)
Last Updated on May 29, 2020 12:35 PM (GMT+8)
