Chinese demand lags futures rebound as LLDPE slips in Vietnam and Indonesian list hikes spur US import interest

China’s domestic PE market remained sluggish despite firmer crude oil and Dalian futures, prompting selective afternoon discounts even as a local producer lifted export HDPE film offers by $10/ton. In Southeast Asia, Chinese LLDPE film offers slipped in Vietnam to weigh on local trading, whilst domestic price list increases in Indonesia drove buyer interest toward competitive US LLDPE cargoes.