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Philippine buyer: SE Asian producer cuts HDPE offer

by ChemOrbis Editorial Team -
  • 19/08/2015 (11:36)
A plastic bag manufacturer in the Philippines reported that a Southeast Asian producer reduced their HDPE film price by $90/ton from last month. According to him, the producer’s HDPE film offer currently stands at $1280/ton on a CIF Philippines, cash basis.

The buyer commented, “Despite the significant drop, we found the producer’s new offer level to be too high as we were expecting to see a lower price.”

In the Philippines, import HDPE film offers for Southeast Asian origins are currently reported at $1280-1300/ton on a CIF, cash equivalent basis.
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