Print

On the first trading day of the week, a Philippines producer announce HDPE film offers to China at $1190/ton CFR, LC AS term just to withdraw soonly after. Today, the maker re-open prices with $60/ton increased day on day, bringing latest price list to $1250/ton with the same term.

Explaining to the adjustment, players pointed to the good respond received in the previous trading day and it now becomes common that import HDPE film to China is now above the $1200/ton threshold. “Import offers seems rolling on a high speed coaster in recent days, however, we think that surging domestic ground would cushion the import trend.”