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Competitive N. American PE offers remain present in SE Asia

by ChemOrbis Editorial Team -
  • 11/08/2015 (14:54)
Players continue to report competitively priced North American PE cargoes this week in Southeast Asia after offers for these origins appeared and formed the lower ends of the overall import PE ranges last week.

A distributor operating in Indonesia reported that they are offering Canadian LLDPE c4 film without additives at $1200/ton CIF, cash. He stated, “We are open to negotiations and we are even willing to conclude deals below the $1200/ton CIF threshold. The shipment term of Canadian materials will be around one and a half months while these origins stand at more competitive levels than Middle Eastern cargoes.” Meanwhile, the distributor stated that their Canadian supplier is planning to expand their presence in the Southeast Asian markets in line with a recent capacity expansion.

In Southeast Asia, import LLDPE film prices are currently reported at $1180-1280/ton on a CIF, cash equivalent basis.
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