Indian producer announces Jan PE prices to China
by ChemOrbis Editorial Team - content@chemorbis.com
A source from an Indian producer reported that they announced their PE offers for January shipment to China with increases when compared to December.
The producer lifted its offers by $20/ton for LLDPE to $1150/ton and by $15/ton for LDPE to $1185/ton CIF China, cash basis, respectively.
“We raised our offers for January as we think demand will pick up after the Chinese New Year,” the source noted.
Although the producer has raised its offers for new shipments, players continued to report import offers this week as low as $1170/ton for LDPE and $1120/ton for LLDPE film CIF China, cash.
The producer lifted its offers by $20/ton for LLDPE to $1150/ton and by $15/ton for LDPE to $1185/ton CIF China, cash basis, respectively.
“We raised our offers for January as we think demand will pick up after the Chinese New Year,” the source noted.
Although the producer has raised its offers for new shipments, players continued to report import offers this week as low as $1170/ton for LDPE and $1120/ton for LLDPE film CIF China, cash.
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