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Trader: Saudi producer raises PE prices for April to Vietnam

by ChemOrbis Editorial Team - content@chemorbis.com
  • 26/03/2015 (17:37)
According to a trader based in Vietnam, a Saudi Arabian producer has announced their April prices for HDPE and LLDPE with increases. The producer’s new price are up $80/ton to $1300/ton CIF for HDPE film and by $70/ton to $1280-1290/ton for LLDPE film.

“Buyers find these new prices to be high and the market response has not been encouraging so far. We think that only some of the producer’s regular customers will agree to purchase at this level,” the trader stated.

Import PE prices currently stand at $1360-1480/ton for LDPE film, $1280-1330/ton for LLDPE film and at $1260-1320/ton for HDPE film, all on a CIF SEA, cash equivalent basis.
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