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Philippine players: Local LLDPE supplies tight

by ChemOrbis Editorial Team - content@chemorbis.com
  • 18/04/2016 (17:34)
Players in the Philippines report that local LLDPE film availability is tight these days due to a local producer’s reduced operating rates. A trader reported, “Some converters had to secure imported LLDPE film recently as a local producer cannot make commitments to deliver cargoes on time due to an issue at their plant.”

A converter commented, “LLDPE supplies are quite limited in the local market. We received an offer for Thai material, but we found it to be too high to accept. Hence, we continue to limit our purchases to our immediate needs. We believe that sentiment will shift despite tight availability as crude oil prices have started to give softer signals following the Doha meeting.”

Another converter stated, “Demand for our end products is regular. However, we are currently concerned about availability issues for LLDPE film. We have sufficient stocks until the end of May, but after that we will need to replenish our stocks. A local producer has very limited supplies at the moment due to reduced rates at one of their production lines.”
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