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Middle Eastern producer lowers Dec PE prices to Thailand

by ChemOrbis Editorial Team - content@chemorbis.com
  • 30/11/2015 (11:41)
An agent operating in Thailand reported that a Middle Eastern producer announced their December PE prices to the country with decreases of $10/ton for HDPE film and $20/ton for LLDPE film compared to November.

“The producer’s new offers are not seeing a healthy response from the market as buyers are reluctant to build stocks ahead of the upcoming year-end holidays. Meanwhile, we did not receive any PP offers from the producer due to their unstable PP production,” he commented.

According to the agent, the producer’s new offers stand at $1140/ton for HDPE film and at $1180/ton for LLDPE film, both on a CIF Thailand, cash basis.
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