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Thai producer cuts HDPE offers further to Vietnam

by ChemOrbis Editorial Team - content@chemorbis.com
  • 29/05/2017 (15:28)
A source from a Thai producer reported that they implemented additional decreases on their HDPE offers to the Vietnamese market this week from their most recent levels.

When compared to two weeks ago, the producer cut its offers by another $5-10/ton for HDPE grades, bringing their new offer levels to $1135 for film, $1140/ton for blow moulding and to $1155/ton for yarn, all on CIF Vietnam, cash basis.

Meanwhile, the producer has sold out PP for June and a source from the producer source stated that demand for PE is still weak while it’s stable for PP.
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