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Thai maker announces PE offers to China, supply seems limited

Thai maker announces PE offers to China, supply seems limited



A major Thailand producer has announced fresh weekly PE prices to China today with additional $20/ton reduction on metallocene PE from last week, reaching $1200/ton CFR China, LC AS term. The producer meanwhile reportedly maintain LDPE film at $1145/ton with the same term but lifted LDPE heavy duty slightly by $5/ton week on week basis to $1165/ton.

Players reported that there is no offers for HDPE due to the on-going maintenance shutdown at one of the lines. A market source added, “We have not seen LLDPE c4 film offers from the producer in a while too as the maker is switching to make metallocene grade. We have already received some orders for LDPE heavy duty from customers in the agricultural film sector and we hope to conclude more deals in the near term.”