SSESSMENTS.COM noted that a Malaysian polyolefins producer applied various pricing strategies for June shipment to Southeast Asian countries. Market players in the Philippines and Vietnam reported that offers for June shipment are higher as compared to a month earlier. Offers for most PE and PP grades from the producer to the Philippines increased by $20/ton. As for LDPE Film, the producer’s offers to the country went up by $50/ton.
Similarly, Vietnamese market players reported to SSESSMENTS.COM that June shipment offers from the producer for HDPE Film and LDPE Film increased by $20/ton and $50/ton, respectively. For PP, PP Homo Raffia and PP Homo Injection offers were adjusted up by $10/ton. On the other hand, the producer decreased most PP offers to Indonesia by $20/ton while offers for LDPE Film and LDPE Lamination were trimmed by $10/ton. For HDPE grades, the producer kept offers to Indonesia unchanged from May shipment levels.
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Import PE, PP offers from Malaysia on LC at sight, CIF main port basis
Product | Offers (USD/ton) | Changes Month Over Month (USD/ton) | Delivery Country |
PP Homo Raffia | 850 | -20 | Indonesia |
PP Homo Injection | 850 | -20 | Indonesia |
PP Homo Thermo | 880 | -20 | Indonesia |
PP Homo Film | 880 | -20 | Indonesia |
PP Homo Fiber | 950 | No Changes | Indonesia |
PP Block Copolymer | 900 | -20 | Indonesia |
PP Random Copolymer Injection | 990 | -20 | Indonesia |
PP Random Copolymer Blow | 1,040 | -20 | Indonesia |
PP Random Lamination | 990 | -20 | Indonesia |
LDPE Film | 920 | -10 | Indonesia |
LDPE Lamination | 1,000 | -10 | Indonesia |
HDPE Film | 760 | No Changes | Indonesia |
HDPE Blow Moulding | 760 | No Changes | Indonesia |
HDPE Mono | 760 | No Changes | Indonesia |
PP Homo Film | 900 | 20 | Philippines |
PP Homo Raffia | 870 | 20 | Philippines |
PP Homo Injection | 870 | 20 | Philippines |
HDPE Film | 780 | 20 | Philippines |
LDPE Film | 900 | 50 | Philippines |
PP Homo Raffia | 860 | 10 | Vietnam |
PP Homo Injection | 860 | 10 | Vietnam |
HDPE Film | 780 | 20 | Vietnam |
LDPE Film | 900 | 50 | Vietnam |
Tags: Asia Pacific,English,Indonesia,Malaysia,News,PE,PP,Philippines,SEA,Vietnam
Published on May 12, 2020 12:55 PM (GMT+8)
Last Updated on May 12, 2020 12:55 PM (GMT+8)