Saudi's LLDPE film concluded at discount in Vietnam

According to Vietnamese players, a major Saudi Arabia producer has concluded prices for LLDPE film to the country at $30-40/ton discount after rolling over prices from last month for January delivery shipment. Deals concluded stand at $1170-1180/ton CIF Vietnam, LC AS term.

A buyer purchased the cargoes commented, “We only bought a small cargo partially due to comfortable inventories on hand. Besides, our supplier is not having large quantity. There are still irregular origin cargoes available at very competitive prices. Meanwhile, LLDPE film is still the worst performing grade in local market right now.”