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QuarterlySSESSMENTS: Q1 2020 SEA PE Prices

Author: SSESSMENTS

  • Import offers were generally on a downtrend during Q1 2020
  • Demand was sluggish as Coronavirus pandemic led to bearish sentiment
  • Q2 2020 market outlook remains blurry, depends on the handling of Coronavirus outbreak

In general, the Southeast Asia PE market showed a negative performance in Q1 2020 due to Black Swan event, Coronavirus. During Q1, PE offers in Southeast Asia were captured on a downtrend, except in January. In this particular month, SSESSMENTS.COM noted that local and import PE offers were stable to firmer on the back of limited supply stemming from maintenance shutdown at some regional and Middle Eastern producers’ PE plants. Local PE offers from producers and traders in Malaysia reported stable to firmer in January, while the Philippines PE market generally captured stable. Meanwhile, local offers in Thailand were on an uptrend during January as supported by tight supply from several local producers. From the import market, Middle Eastern HDPE Film and LLDPE Film C4 cargoes increased between $30-50/ton and $30-100/ton respectively on monthly comparison. For Southeast Asian cargoes, Thai HDPE Film and HDPE Blow Moulding went up by $40/ton on a weekly comparison. Detailed information for Indonesia and Vietnam market is available in QuarterlySSESSMENTS of the respective countries. 

Moving to February and March, local and import offers were under immense pressure. In Thailand, local PE offers were stable throughout February, but some distributors were willing to sell cargoes below the local producers’ price lists. Likewise, local offers for HDPE Film and LLDPE Film C4 in the Philippines remained stable in February. During the same timeframe, Malaysia PE market showed a mixed trend. A Malaysian polyolefins producer increased PE prices for February delivery while traders adjusted down offers due to slow sales. Moving to March, local offers in Malaysia and Thailand were adjusted down as sellers attempted to stimulate buying sentiment. While in the Philippines, there were no fresh offers from the local producer due to backlogs. In the import market, PE offers were on a declining trend during February and March. SSESSMENTS.COM data showed that import offers continued to drop as foreign suppliers were under pressure to move out cargoes. By the end of March, import PE offers below $800/ton-level became widely available in the Southeast Asia market. Between March 30-31, deals for Middle Eastern HDPE Film to Thailand closed at $730/ton, while to Vietnam at $710/ton. Likewise, deals for Middle Eastern and US LLDPE Film C4 to Malaysia concluded at $780/ton and $730/ton respectively. All transactions were on LC at sight, CIF Main Port basis.

SSESSMENTS.COM noted that demand for PE resins was sluggish during Q1 2020. Although supply reportedly was tight during January, it did not help to stimulate buying sentiment as the overall finished products demand was soft due to Lunar New Year holiday. Additionally, Coronavirus pandemic has led the global economy into a downturn. Amid slow global demand caused by Coronavirus, the energy market saw crude oil prices drop by more than 30% on March 9 due to Saudi-Russia price war. Moreover, in March, local governments within Southeast Asian countries imposed lockdowns and restrictions to curb the spread of Coronavirus. As a result, transactions in Southeast Asia PE market were limited to zero as most converters were asked to halt operations at factories, and materials delivery was also disrupted due to lack of workforce during the lockdown.

On the supply side, the availability of PE cargoes from Philippines’ JG Summit Petrochemicals was limited during March as the producer had issues at its naphtha cracker. Likewise, LDPE Film supply from Thailand’s PTT Public Company Ltd was tight during February and March due to shutdown at its 300,000 tons/year LDPE plant following technical issue occurred on February 13, SSESSMENTS.COM noted. In the production sector, Malaysia’s Lotte Chemical Titan shut its whole petrochemical complex in early March 2020 for turnaround maintenance around 25-45 days. The company operates three PE plants with a production capacity of 220,000 tons/year HDPE, 230,000 tons/year LDPE, and 115,000 tons/year HDPE, respectively. From foreign suppliers, Qatar Chemical Company II Ltd reportedly shut its HDPE plant with a capacity of 350,000 tons/year in January 2020. Additionally, Saudi Arabia’s Eastern Petrochemical Company (SHARQ) also closed its HDPE and LLDPE line with a capacity of 400,000 tons/year each, starting from February 2020 for around 40-50 days.

Looking into Q2 2020, the majority of market players opined to SSESSMENTS.COM that local and import PE prices still have a chance to decrease further if Coronavirus outbreak remains unresolved. Some players anticipate import HDPE Film and LLDPE Film C4 prices to touch $500-600/ton-threshold level. Likewise, demand for resins and finished products would remain subdued amid grave concern over Coronavirus. 

Transactions for local PE in January on FD basis, excluding VAT (except in PHP including 12% VAT, all equivalent in USD excluding VAT)

OriginProductTransaction TypeCurrencyOffers/tonEquivalent in USD/tonPayment TermDelivery Location
MalaysiaHDPE Blow MouldingOffer ReceivedMYR3,76086330 Days Credit TermMalaysia
MalaysiaHDPE Blow MouldingPrice ListMYR3,76086330 Days Credit TermMalaysia
ThailandHDPE Blow MouldingOffer GivenTHB28,750-30,500868-921Cash In AdvanceThailand
ThailandHDPE Blow MouldingOffer ReceivedTHB33,000997Cash In AdvanceThailand
MalaysiaHDPE FilmOffer GivenMYR3,760-3,910863-89730 Days Credit TermMalaysia
MalaysiaHDPE FilmOffer ReceivedMYR3,500-3,700803-84930 Days Credit TermMalaysia
MalaysiaHDPE FilmOffer ReceivedMYR3,500-3,650803-837Cash In AdvanceMalaysia
MalaysiaHDPE FilmPrice ListMYR3,760-4,210863-96630 Days Credit TermMalaysia
MalaysiaHDPE FilmPurchasedMYR3,500803Cash In AdvanceMalaysia
PhilippinesHDPE FilmOffer GivenPHP59,000-60,0001,035-1,053Cash In AdvancePhilippines
PhilippinesHDPE FilmOffer ReceivedPHP61,0001,070Cash In AdvancePhilippines
ThailandHDPE FilmBuy IdeaTHB29,000-30,000876-906Cash In AdvanceThailand
ThailandHDPE FilmOffer GivenTHB27,500-31,000830-936Cash In AdvanceThailand
ThailandHDPE FilmOffer ReceivedTHB28,750-30,500868-921Cash In AdvanceThailand
ThailandHDPE FilmPurchasedTHB29,250883Cash In AdvanceThailand
ThailandHDPE FilmSoldTHB29,000876Cash In AdvanceThailand
ThailandHDPE YarnOffer GivenTHB28,750-30,500868-921Cash In AdvanceThailand
MalaysiaLDPE FilmOffer GivenMYR4,170-4,320957-99130 Days Credit TermMalaysia
MalaysiaLDPE FilmOffer ReceivedMYR4,140-4,240950-97330 Days Credit TermMalaysia
MalaysiaLDPE FilmPrice ListMYR4,170-4,270957-98030 Days Credit TermMalaysia
MalaysiaLDPE FilmPurchasedMYR4,140-4,240950-97330 Days Credit TermMalaysia
ThailandLDPE FilmOffer GivenTHB31,500-34,000951-1,027Cash In AdvanceThailand
ThailandLDPE FilmOffer ReceivedTHB32,250-33,500974-1,012Cash In AdvanceThailand
MalaysiaLLDPE Film C4Offer GivenMYR3,800-4,150872-95230 Days Credit TermMalaysia
MalaysiaLLDPE Film C4Offer ReceivedMYR3,55081430 Days Credit TermMalaysia
MalaysiaLLDPE Film C4PurchasedMYR3,55081430 Days Credit TermMalaysia
PhilippinesLLDPE Film C4Offer GivenPHP58,000-59,0001,018-1,035Cash In AdvancePhilippines
PhilippinesLLDPE Film C4Offer ReceivedPHP60,0001,053Cash In AdvancePhilippines
ThailandLLDPE Film C4Buy IdeaTHB29,000876Cash In AdvanceThailand
ThailandLLDPE Film C4Offer GivenTHB27,500-31,000830-936Cash In AdvanceThailand
ThailandLLDPE Film C4Offer ReceivedTHB28,250-30,500853-921Cash In AdvanceThailand
ThailandLLDPE Film C4PurchasedTHB28,750868Cash In AdvanceThailand
ThailandLLDPE Film C4SoldTHB28,500861Cash In AdvanceThailand

Transactions for import PE in January

OriginProductTransaction TypeOffers (USD/ton)Payment TermDelivery TermDelivery Country
Middle EastHDPE Blow MouldingOffer Given820-900LC at sightCIFMalaysia
Middle EastHDPE Blow MouldingSell Idea850-940LC at sightCIFMalaysia
Southeast AsiaHDPE Blow MouldingSold900LC at sightCIFPhilippines
Middle EastHDPE FilmOffer Given820-840LC at sightCIFMalaysia
Middle EastHDPE FilmOffer Received820-840LC at sightCIFMalaysia
Middle EastHDPE FilmPurchased830-840LC at sightCIFMalaysia
Middle EastHDPE FilmSold820-840LC at sightCIFMalaysia
Middle EastHDPE FilmSell Idea850-880LC at sightCIFMalaysia
Middle EastHDPE FilmOffer Given820-890LC at sightCIFSoutheast Asia
Middle EastHDPE FilmSold830-840LC at sightCIFSoutheast Asia
Middle EastHDPE FilmOffer Received820LC at sightCIFThailand
North AmericaHDPE FilmBuy Idea780LC at sightCIFMalaysia
North AmericaHDPE FilmBuy Idea740-750LC 30 daysEXWMalaysia
North AmericaHDPE FilmOffer Received750LC at sightEXWMalaysia
North AmericaHDPE FilmPurchased740-750LC 30 daysEXWMalaysia
North AmericaHDPE FilmPurchased750LC at sightEXWMalaysia
Southeast AsiaHDPE FilmOffer Given1,000LC at sightCIFPhilippines
Southeast AsiaHDPE FilmOffer Received930LC at sightCIFPhilippines
Southeast AsiaHDPE FilmSold920-980LC at sightCIFPhilippines
Indian SubcontinentHDPE YarnBid Received850LC at sightCIFSoutheast Asia
Indian SubcontinentHDPE YarnOffer Given860-870LC at sightCIFSoutheast Asia
Indian SubcontinentHDPE YarnSold860LC at sightCIFSoutheast Asia
Middle EastLDPE FilmOffer Given920-940LC at sightCIFMalaysia
Middle EastLDPE FilmSell Idea960-980LC at sightCIFMalaysia
Middle EastLDPE FilmSold920-940LC at sightCIFMalaysia
Middle EastLDPE FilmOffer Given920-940LC at sightCIFSoutheast Asia
Southeast AsiaLDPE FilmOffer Received1,070LC at sightCIFPhilippines
Southeast AsiaLDPE FilmSold1,060LC at sightCIFPhilippines
Southeast AsiaLDPE FilmPrice List1,040LC at sightCIFSoutheast Asia
Southeast AsiaLDPE FilmOffer Received990-1,040LC at sightCIFThailand
Indian SubcontinentLLDPE Film C4Buy Idea800-820LC at sightCIFMyanmar
Indian SubcontinentLLDPE Film C4Offer Received895LC at sightCIFMyanmar
Indian SubcontinentLLDPE Film C4Offer Given860LC at sightCIFSoutheast Asia
Indian SubcontinentLLDPE Film C4Sold860LC at sightCIFSoutheast Asia
Middle EastLLDPE Film C4Offer Given850-950LC at sightCIFMalaysia
Middle EastLLDPE Film C4Offer Received840-910LC at sightCIFMalaysia
Middle EastLLDPE Film C4Purchased830-910LC at sightCIFMalaysia
Middle EastLLDPE Film C4Sell Idea880-900LC at sightCIFMalaysia
Middle EastLLDPE Film C4Sold840-950LC at sightCIFMalaysia
Middle EastLLDPE Film C4Offer Given920-940LC at sightCIFSoutheast Asia
Middle EastLLDPE Film C4Sell Idea890LC at sightCIFSoutheast Asia
Middle EastLLDPE Film C4Sold830-840LC at sightCIFSoutheast Asia
Middle EastLLDPE Film C4Offer Received920-930LC at sightCIFThailand
Middle EastLLDPE Film C4Purchased910-920LC at sightCIFThailand
North AmericaLLDPE Film C4Offer Received840LC at sightCIFMalaysia
North AmericaLLDPE Film C4Purchased840LC at sightCIFMalaysia
North AmericaLLDPE Film C4Offer Received910LC at sightCIFSoutheast Asia
Southeast AsiaLLDPE Film C4Purchased800LC at sightCIFMalaysia
Southeast AsiaLLDPE Film C4Offer Given880LC at sightCIFPhilippines
Southeast AsiaLLDPE Film C4Purchased880LC at sightCIFPhilippines
Southeast AsiaLLDPE Film C4Sold880LC at sightCIFPhilippines
Southeast AsiaLLDPE Film C4Sold1,000LC at sightCIFSoutheast Asia
North AmericamLLDPE C6Offer Received1,100LC at sightDAPMalaysia
North AmericamLLDPE C6Offer Received850LC at sightEXWMalaysia
North AmericamLLDPE C6Purchased850LC at sightEXWMalaysia
Southeast AsiamLLDPE C6Offer Received1,070-1,100LC at sightCIFPhilippines

Transactions for local/localized PE in February on FD basis, excluding VAT (except in PHP including 12% VAT, all equivalent in USD excluding VAT)

OriginProductTransaction TypeCurrencyOffers/tonEquivalent in USD/tonPayment TermDelivery Location
MalaysiaHDPE Blow MouldingOffer ReceivedMYR3,94090430 Days Credit TermMalaysia
MalaysiaHDPE Blow MouldingPrice ListMYR3,94090430 Days Credit TermMalaysia
MalaysiaHDPE Blow MouldingPurchasedMYR3,94090430 Days Credit TermMalaysia
MalaysiaHDPE FilmOffer GivenMYR3,800-3,940872-90430 Days Credit TermMalaysia
MalaysiaHDPE FilmOffer ReceivedUSD880-30 Days Credit TermMalaysia
MalaysiaHDPE FilmOffer ReceivedMYR3,800-4,390872-1,00730 Days Credit TermMalaysia
MalaysiaHDPE FilmPrice ListMYR3,860-4,390885-1,00730 Days Credit TermMalaysia
MalaysiaHDPE FilmPurchasedMYR3,800-3,960872-90830 Days Credit TermMalaysia
MalaysiaHDPE FilmSoldMYR3,94090430 Days Credit TermMalaysia
PhilippinesHDPE FilmOffer GivenPHP59,000-60,0001,035-1,053Cash In AdvancePhilippines
PhilippinesHDPE FilmOffer ReceivedPHP60,000-61,0001,053-1,070Cash In AdvancePhilippines
PhilippinesHDPE FilmPurchasedPHP58,0001,018Cash In AdvancePhilippines
USAHDPE FilmPurchasedPHP58,0001,018Cash In AdvancePhilippines
MalaysiaHDPE FilmOffer ReceivedTHB28,000846Cash In AdvanceThailand
ThailandHDPE FilmOffer GivenTHB29,500-31,500891-951Cash In AdvanceThailand
ThailandHDPE FilmOffer ReceivedTHB31,000-31,500936-951Cash In AdvanceThailand
ThailandHDPE FilmSoldTHB30,000906Cash In AdvanceThailand
ThailandHDPE Pipe Black (100)Offer ReceivedTHB40,0001,20860 Days Credit TermThailand
ThailandHDPE Pipe Black (100)PurchasedTHB40,0001,20860 Days Credit TermThailand
MalaysiaLDPE FilmOffer GivenMYR4,350-4,470998-1,02530 Days Credit TermMalaysia
MalaysiaLDPE FilmOffer ReceivedMYR4,430-4,5301,016-1,03930 Days Credit TermMalaysia
MalaysiaLDPE FilmPrice ListMYR4,470-4,5701,025-1,04830 Days Credit TermMalaysia
MalaysiaLDPE FilmSoldMYR4,4701,02530 Days Credit TermMalaysia
ThailandLDPE FilmOffer GivenTHB32,500-34,500981-1,042Cash In AdvanceThailand
ThailandLDPE FilmOffer ReceivedTHB34,000-34,5001,027-1,042Cash In AdvanceThailand
ThailandLDPE FilmOffer ReceivedTHB34,000-34,5001,027-1,04230 Days Credit TermThailand
ThailandLDPE FilmPurchasedTHB34,5001,04230 Days Credit TermThailand
ThailandLDPE FilmSoldTHB32,500-33,000981-997Cash In AdvanceThailand
MalaysiaLLDPE Film C4Offer GivenMYR3,850-3,950883-90630 Days Credit TermMalaysia
MalaysiaLLDPE Film C4Offer ReceivedMYR3,800-4,170872-95730 Days Credit TermMalaysia
MalaysiaLLDPE Film C4Offer ReceivedUSD820-Cash In AdvanceMalaysia
MalaysiaLLDPE Film C4Price ListMYR4,25097530 Days Credit TermMalaysia
MalaysiaLLDPE Film C4PurchasedMYR3,800-3,850872-88330 Days Credit TermMalaysia
MalaysiaLLDPE Film C4SoldMYR4,25097530 Days Credit TermMalaysia
PhilippinesLLDPE Film C4Offer GivenPHP59,0001,035Cash In AdvancePhilippines
PhilippinesLLDPE Film C4Offer ReceivedPHP59,000-60,0001,035-1,053Cash In AdvancePhilippines
ThailandLLDPE Film C4Offer GivenTHB29,500-31,500891-951Cash In AdvanceThailand
ThailandLLDPE Film C4Offer ReceivedTHB31,000-31,500936-951Cash In AdvanceThailand
ThailandLLDPE Film C4SoldTHB30,000906Cash In AdvanceThailand

Transactions for import PE in February on LC at sight, CIF Main Port basis

OriginProductTransaction TypeOffers (USD/ton)Delivery Country
Middle EastHDPE Blow MouldingBid Received830Malaysia
Middle EastHDPE Blow MouldingOffer Given850Malaysia
Southeast AsiaHDPE Blow MouldingPurchased900Malaysia
Southeast AsiaHDPE Blow MouldingOffer Received940Philippines
Southeast AsiaHDPE Blow MouldingPurchased930Philippines
Southeast AsiaHDPE Blow MouldingOffer Received950Southeast Asia
Southeast AsiaHDPE Blow MouldingPurchased900Thailand
Middle EastHDPE FilmOffer Given830-870Malaysia
Middle EastHDPE FilmOffer Received850Malaysia
Middle EastHDPE FilmSold820-830Malaysia
Middle EastHDPE FilmOffer Received850-900Myanmar
Middle EastHDPE FilmBid Received830-840Southeast Asia
Middle EastHDPE FilmOffer Given860-890Southeast Asia
Middle EastHDPE FilmSold850-880Southeast Asia
Middle EastHDPE FilmOffer Received800-850Thailand
North AmericaHDPE FilmOffer Received800-825Malaysia
North AmericaHDPE FilmOffer Received850-860Myanmar
North AmericaHDPE FilmOffer Received860Thailand
Southeast AsiaHDPE FilmOffer Given920-940Philippines
Southeast AsiaHDPE FilmOffer Received900-960Philippines
Southeast AsiaHDPE FilmSold900Philippines
Middle EastLDPE FilmOffer Given950-970Malaysia
Middle EastLDPE FilmOffer Received960-970Myanmar
Southeast AsiaLDPE FilmPrice List990Malaysia
Southeast AsiaLDPE FilmOffer Received1,010-1,030Myanmar
Southeast AsiaLDPE FilmOffer Given1,030-1,060Philippines
Southeast AsiaLDPE FilmOffer Received1,060Philippines
Southeast AsiaLDPE FilmSold1,040Philippines
Indian SubcontinentLLDPE Film C4Offer Received810Malaysia
Middle EastLLDPE Film C4Buy Idea890Malaysia
Middle EastLLDPE Film C4Offer Given860-950Malaysia
Middle EastLLDPE Film C4Offer Received890-900Malaysia
Middle EastLLDPE Film C4Sold910-950Malaysia
Middle EastLLDPE Film C4Offer Received860-940Myanmar
Middle EastLLDPE Film C4Purchased845-850Myanmar
Middle EastLLDPE Film C4Offer Received870-930Philippines
Middle EastLLDPE Film C4Bid Received830-840Southeast Asia
Middle EastLLDPE Film C4Offer Given870-940Southeast Asia
Middle EastLLDPE Film C4Sold860-920Southeast Asia
Middle EastLLDPE Film C4Offer Given920Thailand
Middle EastLLDPE Film C4Offer Received890-895Thailand
North AmericaLLDPE Film C4Buy Idea700Malaysia
North AmericaLLDPE Film C4Offer Received820-910Malaysia
North AmericaLLDPE Film C4Offer Received850-880Myanmar
Southeast AsiaLLDPE Film C4Offer Given920Philippines
Southeast AsiaLLDPE Film C4Offer Received860Philippines
Southeast AsiaLLDPE Film C4Purchased860Philippines
Southeast AsiaLLDPE Film C4Bid Received910-920Thailand
Southeast AsiaLLDPE Film C4Offer Given930-935Thailand
Southeast AsiaLLDPE Film C4Offer Received870Thailand

Transactions for local/localized PE in March on FD basis, excluding VAT (except in PHP including 12% VAT, all equivalent in USD excluding VAT)

OriginProductTransaction TypeCurrencyOffers/tonEquivalent in USD/tonPayment TermDelivery Location
MalaysiaHDPE FilmOffer GivenMYR3,750-3,860860-88530 Days Credit TermMalaysia
MalaysiaHDPE FilmOffer GivenMYR3,860885Cash In AdvanceMalaysia
MalaysiaHDPE FilmOffer ReceivedMYR3,800-4,150872-95230 Days Credit TermMalaysia
MalaysiaHDPE FilmPurchasedMYR3,800-4,150872-95230 Days Credit TermMalaysia
MalaysiaHDPE FilmSoldMYR3,86088530 Days Credit TermMalaysia
PhilippinesHDPE FilmOffer GivenPHP59,000-60,0001,035-1,053Cash In AdvancePhilippines
PhilippinesHDPE FilmOffer ReceivedPHP60,000-61,0001,053-1,070Cash In AdvancePhilippines
ThailandHDPE FilmOffer GivenTHB29,000-31,500876-951Cash In AdvanceThailand
ThailandHDPE FilmOffer ReceivedTHB29,75089830 Days Credit TermThailand
ThailandHDPE FilmOffer ReceivedTHB29,750-31,000898-936Cash In AdvanceThailand
ThailandHDPE FilmSoldTHB29,500-31,000891-936Cash In AdvanceThailand
ThailandHDPE Pipe Black (100)Offer ReceivedTHB42,0001,26830 Days Credit TermThailand
ThailandHDPE Pipe Black (100)PurchasedTHB42,0001,26830 Days Credit TermThailand
MalaysiaLDPE FilmOffer GivenMYR4,450-4,4701,021-1,02530 Days Credit TermMalaysia
MalaysiaLDPE FilmOffer ReceivedMYR4,430-4,5301,016-1,03930 Days Credit TermMalaysia
MalaysiaLDPE FilmSoldMYR4,4701,02530 Days Credit TermMalaysia
MalaysiaLDPE FilmOffer ReceivedTHB32,500981Cash In AdvanceThailand
QatarLDPE FilmOffer GivenTHB33,500981Cash In AdvanceThailand
ThailandLDPE FilmOffer GivenTHB29,000-35,500876-1,072Cash In AdvanceThailand
ThailandLDPE FilmOffer ReceivedTHB34,250-34,5001,034-1,042Cash In AdvanceThailand
ThailandLDPE FilmOffer ReceivedTHB34,5001,04215 Days Credit TermThailand
ThailandLDPE FilmOffer ReceivedTHB35,0001,05730 Days Credit TermThailand
ThailandLDPE FilmPurchasedTHB34,5001,04215 Days Credit TermThailand
ThailandLDPE FilmPurchasedTHB35,0001,05730 Days Credit TermThailand
MalaysiaLLDPE Film C4Offer GivenMYR3,800-3,900872-89530 Days Credit TermMalaysia
MalaysiaLLDPE Film C4Offer ReceivedMYR3,580-3,800821-87230 Days Credit TermMalaysia
MalaysiaLLDPE Film C4Offer ReceivedUSD810-Cash In AdvanceMalaysia
MalaysiaLLDPE Film C4PurchasedMYR3,80087230 Days Credit TermMalaysia
MalaysiaLLDPE Film C4PurchasedUSD790-810-Cash In AdvanceMalaysia
PhilippinesLLDPE Film C4Offer GivenPHP59,0001,035Cash In AdvancePhilippines
PhilippinesLLDPE Film C4Offer ReceivedPHP59,000-60,0001,035-1,053Cash In AdvancePhilippines
ThailandLLDPE Film C4Offer GivenTHB29,000-34,000876-1,027Cash In AdvanceThailand
ThailandLLDPE Film C4Offer ReceivedTHB29,750-31,000898-936Cash In AdvanceThailand
ThailandLLDPE Film C4Offer ReceivedTHB29,75089830 Days Credit TermThailand
ThailandLLDPE Film C4SoldTHB29,500-31,000891-936Cash In AdvanceThailand

Transactions for import PE in March on LC at sight

OriginProductTransaction TypeOffers (USD/ton)Payment TermDelivery Country
Southeast AsiaHDPE Blow MouldingOffer Given910-920CIFPhilippines
Southeast AsiaHDPE Blow MouldingPurchased920CIFPhilippines
Middle EastHDPE FilmOffer Given770-830CIFMalaysia
Middle EastHDPE FilmSold830CIFMalaysia
Middle EastHDPE FilmOffer Given845CIFPhilippines
Middle EastHDPE FilmOffer Given830CIFSoutheast Asia
Middle EastHDPE FilmOffer Received750-820CIFThailand
Middle EastHDPE FilmPurchased730CIFThailand
North AmericaHDPE FilmBuy Idea700CIFMalaysia
North AmericaHDPE FilmOffer Received830EXWMalaysia
Southeast AsiaHDPE FilmOffer Received900CIFMyanmar
Southeast AsiaHDPE FilmOffer Given910-920CIFPhilippines
Southeast AsiaHDPE FilmOffer Received880CIFPhilippines
Middle EastHDPE Pipe Black (100)Offer Received980CIFThailand
Middle EastHDPE Pipe Black (100)Purchased980CIFThailand
Middle EastLDPE FilmOffer Given880-960CIFMalaysia
Middle EastLDPE FilmOffer Received930CIFMalaysia
Middle EastLDPE FilmSold930-960CIFMalaysia
Southeast AsiaLDPE FilmOffer Received1,020-1,030CIFMyanmar
Southeast AsiaLDPE FilmOffer Received960-990CIFThailand
Southeast AsiaLDPE FilmPurchased990CIFThailand
Indian SubcontinentLLDPE Film C4Offer Received820CIFMalaysia
Indian SubcontinentLLDPE Film C4Offer Given830CIFSoutheast Asia
Middle EastLLDPE Film C4Offer Given810CIFCambodia
Middle EastLLDPE Film C4Bid Received800CIFMalaysia
Middle EastLLDPE Film C4Buy Idea700-750CIFMalaysia
Middle EastLLDPE Film C4Offer Given770-920CIFMalaysia
Middle EastLLDPE Film C4Offer Received800-820CIFMalaysia
Middle EastLLDPE Film C4Purchased780-820CIFMalaysia
Middle EastLLDPE Film C4Sold910-920CIFMalaysia
Middle EastLLDPE Film C4Offer Received860-870CIFMyanmar
Middle EastLLDPE Film C4Offer Given865CIFPhilippines
Middle EastLLDPE Film C4Offer Received840-910CIFPhilippines
Middle EastLLDPE Film C4Buy Idea820-830CIFSoutheast Asia
Middle EastLLDPE Film C4Offer Given830CIFSoutheast Asia
Middle EastLLDPE Film C4Offer Received780-910CIFThailand
Middle EastLLDPE Film C4Purchased810CIFThailand
North AmericaLLDPE Film C4Offer Received790CIFMalaysia
North AmericaLLDPE Film C4Purchased730CIFMalaysia
Southeast AsiaLLDPE Film C4Offer Received900CIFMyanmar
North AmericamLLDPE C6Offer Received920EXWMalaysia
North AmericamLLDPE C6Purchased920EXWMalaysia
North AmericamLLDPE C6Offer Received1,070CIFPhilippines

Tags: Asia Pacific,English,PE,Quarterly,SEA

Published on April 6, 2020 3:21 PM (GMT+8)
Last Updated on April 6, 2020 3:21 PM (GMT+8)