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A global trading house informed SSESSMENTS.COM that sales for HDPE Pipe are at a breeze as the construction sector in China bounces back. This week, the trader successfully sold Middle East HDPE Pipe cargoes to China at the initial offer levels. The trader mentioned that deals could be achieved at base offer levels because the demand for both HDPE Pipe (PE 100) and HDPE Pipe Black (100) in China from the construction sector is healthy. Regarding price changes, the trader told SSESSMENTS.COM that offers for HDPE Pipe Black (100) from the United Arab Emirates and HDPE Pipe (PE 100) from Saudi remain stable compared to last week.
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Import PE offers on LC at sight, CIF China main port basis
| Origin | Product | Transaction Type | Offers (USD/ton) |
|---|---|---|---|
| United Arab Emirates | HDPE Pipe Black (100) | Offer Given | 1,050-1,090 |
| United Arab Emirates | HDPE Pipe Black (100) | Sold | 1,050-1,090 |
| Saudi | HDPE Pipe (PE 100) | Offer Given | 950-960 |
| Saudi | HDPE Pipe (PE 100) | Sold | 950-960 |
Tags: Asia Pacific,China,English,Middle East,NEA,News,PE,Saudi Arabia,UAE
Published on June 4, 2020 3:53 PM (GMT+8)SHARE THIS STORY
