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A major Thailand producer has announced fresh offers to Vietnam this week with increases for both HDPE and PP block copolymer cargoes. Latest offers stand at $1155/ton for PP block copolymers, $1185 for HDPE film and $1190/ton for HDPE yarn, all based on CIF Vietnam, LC AS term.

A buyer received the offer commented, “We think the producer’s HDPE prices are a little too high compared to market levels at the moment. Despite the fact that local HDPE film prices are firmer now, we are not planning to make replenishment at the latest offers.”