A Chinese trader informed SSESSMENTS.COM that a Middle Eastern producer significantly adjusted April shipment PE and PP offers to China. The producer decreased offers for HDPE Film and LLDPE Film C4 by $90/ton. After the adjustments, offers for both grades are at $700/ton-levels. LDPE Film offers were trimmed by $70/ton. For PP, the most significant downward adjustment was applied for PP Block Copolymer, by $80/ton. Meanwhile, offers for PP Homo Raffia and PP Random Copolymer Blow dropped by $40/ton and $60/ton, respectively. All the adjustments are compared to March shipment offers.
Import PE, PP offers on LC at sight, CIF China main port basis
| Origin | Product | Transaction Type | Offers (USD/ton) |
|---|
| Middle East | HDPE Film | Offer Received | 720 |
| Middle East | LDPE Film | Offer Received | 800 |
| Middle East | LLDPE Film C4 | Offer Received | 790 |
| Middle East | PP Block Copolymer | Offer Received | 820 |
| Middle East | PP Homo Raffia | Offer Received | 800 |
| Middle East | PP Random Copolymer Blow | Offer Received | 880 |
Tags: Asia Pacific,China,English,NEA,News,PE,PP
Published on March 27, 2020 10:05 AM (GMT+8)
Last Updated on March 27, 2020 10:05 AM (GMT+8)
