![]() |
More Saudi maker announce May PP, PE offers to VietnamMore Saudi maker announce May PP, PE offers to Vietnam |
|
Another major Saudi Arabia producer has opened fresh PP and PE offers to Vietnam this week at stable to softer levels from last month. In fact, the maker maintained HDPE film prices unchanged while introducing $20/ton reduction on LLDPE film and PP grades.
May shipment offers stand at $1180/ton for HDPE film, $1200/ton for LLDPE film, $1090/ton for homo-PP, $1140/ton for block copolymer and $1120/ton for BOPP, all based on CIF Vietnam, LC AS term.
Source close to the maker informed, “We are having better allocation this month as our plant achieve regular operation rate. We are open to negotiation though we are not seeing drastic discount on deals, especially for PE, given strong upstream costs.”