Thai maker down adjusts HDPE offers to Vietnam

A major Thailand producer has announced new HDPE prices to Vietnam this week with $5-10/ton lower compared to the last offers reaching $1125/ton for HDPE film, $1130/ton for HDPE blow moulding and $1150/ton for HDPE yarn, all based on CIF Vietnam, LC AS term.

A source close to the company informed, “We are sourcing ethylene from spot market to operate the HDPE line. Buying interest is satisfactory after the price reduction. We are hoping for better condition in the near term.”