Saudi producers’ July PE offers to Vietnam indicate decreases
by ChemOrbis Editorial Team - content@chemorbis.com
Players in Vietnam reported that Saudi Arabian producers approached the country with lower PE offers for July.
A trader reported that July PE offers they received from a major Saudi producer were standing at $1620/ton for LDPE film, $1320/ton for LLDPE, and $1280/ton for HDPE film, all on CIF Vietnam, cash basis. When compared to last month, the producer’s new offer levels indicated $40-50/ton decreases.
Towards the end of last week, another Saudi producer had also lowered July PE offers to Vietnam by $60/ton on the month at $1220/ton for HDPE film and $1280-1290/ton for LLDPE film CIF, cash.
A trader reported that July PE offers they received from a major Saudi producer were standing at $1620/ton for LDPE film, $1320/ton for LLDPE, and $1280/ton for HDPE film, all on CIF Vietnam, cash basis. When compared to last month, the producer’s new offer levels indicated $40-50/ton decreases.
Towards the end of last week, another Saudi producer had also lowered July PE offers to Vietnam by $60/ton on the month at $1220/ton for HDPE film and $1280-1290/ton for LLDPE film CIF, cash.
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