Jul 14, 2025 6:11 p.m.

Major Thai producer insisted firm stance on HDPE offers to China

Major Thai producer insisted firm stance on HDPE offers to China

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A major maker from Thailand has announced new offers with $5/ton hike for HDPE film and yarn to reach $1355/ton level, meanwhile reduced $5/ton for LDPE film and heavy duty at $1220/ton and $1245/ton respectively, and LLDPE C4 film offers at $1255/ton, all on a CFR China, LC at sight term.

Market players reportedly received additional price cut for LLDPE C4 film and LDPE film reaching $1245/ton and $1215/ton respectively, attributed to the weak market feedback today.

A trader informed, “Our supplier seems to have more supply available for HDPE this week, however, they are still insisting on firmer offer level, claiming overall HDPE supply in the market is still not much, especially from United States are still lesser than initial expectations. However, we are expecting for resistance from our customers toward this price level as recently we have some Saudi HDPE film cargoes deal below $1300/ton threshold, but in small volume. We are expecting for stable to gradual softening trend of HDPE film in the near term.”