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Re-export LLDPE film from China emerges in Vietnam

by ChemOrbis Editorial Team -
  • 26/10/2015 (14:03)
A trader in Vietnam reported that they received LLDPE film offers for different origins re-exported from China. He was offered Middle Eastern LLDPE film at $1220-1245/ton while he received offers for Brazilian and Southeast Asian LLDPE film at $1225/ton, all on a CIF Vietnam, cash basis.

The trader commented, “We think that more offers for re-exported materials will appear in Vietnam in the days ahead as LLDPE film prices are quite low at the moment in China due to slow demand. We believe that major Saudi producers may need to reduce their prices in order to remain competitive.”

According to data from ChemOrbis Price Index, import LLDPE film prices on a CIF Vietnam, cash equivalent basis have risen around $65/ton since late August. Import LLDPE c4 film prices currently stand at $1220-1280/ton on a CIF Vietnam, cash equivalent basis.

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