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Thai maker announces new PE offers to ChinaThai maker announces new PE offers to China |
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A major Thailand producer has announced fresh PE offers to China market, sources reported. The latest offers see further reduction on HDPE and LDPE film while LLDPE film grade inches slightly higher from last week.
The producer’s latest offers and week-on-week changes are shown in the following table:
Grade |
Price List on 19 Jun 2019 |
Changes |
Term |
HDPE film |
$1035 |
-$15 |
CFR China, LC AS |
LLDPE film |
$970 |
+$10 |
CFR China, LC AS |
LDPE film |
$1000 |
-$10 |
CFR China, LC AS |
Combined and reported by CommoPlast |
A source close to the producer informed that due to healthy sales result for LLDPE film in the previous week and strong support from the macro environment, a $10/ton hike is introduced on the new offer for this grade this week. The source added, “We have achieved some deals at the new price level for LLDPE film, while demand for other grade remains sluggish.”
Country
China