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Middle Eastern producers reveal April PE offers to SE Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 27/03/2017 (04:41)
Players operating across the Southeast Asia’s import PE market are now receiving April PE offers from several Middle Eastern producers.

A Vietnamese trader reported that a Saudi Arabian producer lowered its April prices for LLDPE by $40/ton and HDPE by $50/ton, bringing their new offers to $1220-1230/ton for LLDPE c4 film and to $1200/ton for HDPE film, all on a CIF Vietnam, cash basis.

An Indonesian trader also informed that they received offers from the same Saudi Arabian producer at $1230/ton for LLDPE c4 film and at $1190/ton for HDPE film, all on a CIF Indonesia. According to the trader, the producer’s new prices are down by $20/ton when compared to March.

April PE offers from other Middle Eastern producers were reported at $1170-1240/ton for LLDPE film and at $1160-1200/ton for HDPE film, all on CIF SEA, cash basis.
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