A Chinese trader purchased LLDPE Film C4 of the leading Indonesian Polyolefins producer at an attractive level, SSESSMENTS.COM was told. As informed by the trader to SSESSMENTS.COM’s team on March 27, the company managed to secure the LLDPE Film C4 cargoes from the producer at $670/ton on LC at sight, CIF China Main Port basis, which captured as the lowest level so far.
This morning, SSESSMENTS.COM reported that the leading Indonesian polyolefins producer shrugged off bids from another Chinese trader at $680/ton on the same payment and delivery term, citing that the company is not willing to sell that low yet.
Transactions for import LLDPE Film C4 between March 23 to March 27 on CIF China Main Port basis
| Origin | Transaction Type | Offers (USD/ton) | Payment Term |
|---|
| India | Offer Given | 690-700 | LC at sight |
| India | Offer Received | 690-700 | LC at sight |
| India | Sold | 690-700 | LC at sight |
| Indonesia | Bid Given | 680 | LC at sight |
| Indonesia | Offer Received | 690 | LC at sight |
| Indonesia | Purchased | 670-740 | LC at sight |
| Iran | Offer Received | 750 | TT |
| Japan | Offer Received | 710-730 | LC at sight |
| Kuwait | Offer Received | 750 | LC at sight |
| Qatar | Offer Received | 710-800 | LC at sight |
| Saudi | Bid Received | 750 | LC at sight |
| Saudi | Offer Given | 770-800 | LC at sight |
| Saudi | Offer Received | 720-750 | LC at sight |
| Saudi | Sold | 750 | LC at sight |
| South Korea | Bid Received | 700 | LC at sight |
| South Korea | Offer Received | 750 | LC at sight |
| South Korea | Offer Received | 740 | LC 90 days |
| South Korea | Purchased | 740-750 | LC 90 days |
| Thailand | Buy Idea | 730-740 | LC at sight |
| Thailand | Offer Given | 770-845 | LC at sight |
| Thailand | Offer Received | 770 | LC at sight |
| Thailand | Sold | 770 | LC at sight |
| United Arab Emirates | Offer Received | 790 | LC at sight |
| USA | Offer Received | 790 | LC at sight |
Tags: Asia Pacific,China,English,Indonesia,NEA,News,PE,SEA
Published on March 27, 2020 6:19 PM (GMT+8)
Last Updated on March 27, 2020 6:19 PM (GMT+8)
