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Thai producer sells out HDPE allocation to Vietnam

by ChemOrbis Editorial Team -
  • 10/03/2015 (11:36)
A source from a Thai producer reported that they have managed to sell out their HDPE allocation for March to Vietnam at $1310/ton CIF, cash for film, blow moulding and injection.

The source stated, “We managed to sell out our HDPE quota to the Vietnamese market shortly after we announced our prices for March. Some of our customers were unable to obtain cargoes as we had only 700 tons of HDPE allocated to the country. Hence we have requested more materials from our headquarters in order to meet these buyers’ needs.”

When compared to their initial March announcement levels, the producer’s done deal levels for HDPE grades indicate increases of $20/ton.

For PP, the source added that they have no materials to offer for now.
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