Major Qatari producer lifted PE offers to China

A major maker from Qatar has announced fresh weekly offers for PE to China today with $20/ton increased for LDPE film and LLDPE C4 film to reach $1230/ton and  $1170/ton, all on a CFR China, LC 60 days basis.

A trader informed, “Our supplier claimed to have very tight supply availability after good sales since last week as we only managed to get 10 containers beginning of last week after price announcement. Hence, they are holding firm stance on the offer levels this week.”