Thai major lifted HDPE, PP offers to Vietnam

A major Thailand producer has announced fresh weekly offers to Vietnam with $10/ton increased on HDPE cargoes, reaching $1235/ton for blow moulding grade and $1240/ton for yarn grade, all based on CIF Vietnam, LC AS term.  

The maker has also reportedly implemented $20/ton hike on PP block copolymer parcels, to reach $1205/ton, with the same payment and shipment term.

Source close to the producer informed, “We have very limited allocation for March delivery as out plant is still operating at reduced rate. At the moment, we are seeking more opportunity in the upstream ethylene market.”