NewsSSESSMENTS: Local PE, PP Prices From Chinese Producer Surfaced With Contrasting Adjustments

Author: SSESSMENTS

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As SSESSMENTS.COM noted, local PE and PP prices from a Chinese producer surfaced with contrasting adjustments. As reported by a producer source, this week’s local LLDPE Film C4 offers from their end decreased by CNY50/ton ($7/ton) from last week. In contrast, the producer initiated an upward adjustment of CNY50/ton ($7/ton) on local PP Homo Raffia and PP Homo Injection offers as compared to the same period.

Local PE, PP offers on cash, EXW basis (including 13% VAT in CNY term, all equivalent in USD excluding VAT)

Origin	Product	Transaction Type	Offers (CNY/ton)	Offers (USD/ton)	Delivery Location
China	LLDPE Film C4	Offer Given	7,100	888	East China
China	LLDPE Film C4	Offer Given	7,100	888	South China
China	PP Homo Raffia	Offer Given	8,050-8,100	1,007-1,013	East China
China	PP Homo Raffia	Offer Given	8,050-8,100	1,007-1,013	South China
China	PP Homo Injection	Offer Given	8,050-8,100	1,007-1,013	East China
China	PP Homo Injection	Offer Given	8,050-8,100	1,007-1,013	South China

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

Published on June 15, 2020 1:34 PM (GMT+8)
Last Updated on June 15, 2020 1:34 PM (GMT+8)