A Vietnam-based trader unveiled to SSESSMENTS.COM the latest import PE and PP offers to the country. As informed, PE offers across different grades surfaced with a notable adjustment as compared to the previous offers announced on May 19. The source revealed the latest HDPE Film offers from Saudi producer moved higher by $60/ton, now stands at $840/ton on LC at sight, CIF Vietnam main port basis. Likewise, offers for LDPE Film and LLDPE Film C4 from the same producer surfaced with an increment of $100/ton and $80/ton, respectively. However, the trader added that some customers voiced out buy ideas for HDPE Film cargoes at $20-40/ton lower than initial offers, while for LLDPE Film C4 cargoes at $20-50/ton lower than initial offers.
Meanwhile, for Thailand cargoes, the latest offers for HDPE Film and LDPE Film emerged at $20-30/ton higher, stands at $840/ton and $940/ton on LC at sight, CIF Vietnam main port basis, respectively. As for PP, offers for PP Homo Raffia from another Saudi producer edged up by $10/ton, currently stand at $860/ton with the same payment and delivery term. All changes compared to offers on May 19, as SSESSMENTS.COM noted.
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Import PE, PP offers on LC at sight, CIF Vietnam Main Port basis
| Origin | Product | Transaction Type | Offers (USD/ton) | Changes From May 19 (USD/ton) |
|---|
| Saudi | HDPE Film | Offer Received* | 840 | 60 |
| Saudi | HDPE Film | Buy Idea* | 800-820 | - |
| Thailand | HDPE Film | Offer Received | 840 | 20 |
| Saudi | LDPE Film | Offer Received* | 960 | 100 |
| Thailand | LDPE Film | Offer Received | 940 | 30 |
| Saudi | LLDPE Film C4 | Offer Received* | 850 | 80 |
| Saudi | LLDPE Film C4 | Buy Idea* | 800-820 | - |
| Saudi | PP Homo Fiber | Offer Received | 920 | No Comparison |
| Saudi | PP Homo Raffia | Offer Received | 860 | 10 |
| Thailand | PP Homo Raffia | Offer Received | 940 | No Comparison |
Description: *Shipped from Singapore/Malaysia
Tags: Asia Pacific,English,Middle East,News,PE,PP,SEA,Saudi Arabia,Thailand,Vietnam
Published on May 26, 2020 3:39 PM (GMT+8)
Last Updated on May 26, 2020 3:39 PM (GMT+8)
