Indian producer cuts February LDPE, LLDPE offers to China
by ChemOrbis Editorial Team - content@chemorbis.com
A source from an Indian producer reported that they implemented decreases on their February shipment PE offers to China when compared to their latest price levels in the last three weeks.
The producer lowered its LDPE film offer by $35/ton while applying rollovers or slight reductions of $10/ton on LLDPE film, with its offers currently standing at $1150/ton and at $1140/ton, respectively, on a CIF China, cash basis.
Meanwhile, the producer did not give any offer levels for PP as they do not have any allocation.
The producer lowered its LDPE film offer by $35/ton while applying rollovers or slight reductions of $10/ton on LLDPE film, with its offers currently standing at $1150/ton and at $1140/ton, respectively, on a CIF China, cash basis.
Meanwhile, the producer did not give any offer levels for PP as they do not have any allocation.
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