A global trading house reported to SSESSMENTS.COM that a Saudi producer reduced PE allocation for May shipment to Indonesia to only a half from the normal quantity. According to the trader, the latest offers for HDPE Film and LLDPE Film C4 from the producer are $50/ton lower as compared to last month. The latest offers are available at $750/ton and $760/ton for HDPE Film and LLDPE Film C4, respectively on LC at sight, CIF Indonesia main port basis. Further added, due to slow demand and unfavourable response in Indonesia market, the producer decided to provide only a half of total monthly allocation for this May shipment.
Click below to view related stories and content on PE:
NewsSSESSMENTS: Review Of Southeast Asia HDPE Film Market Week 16, April 13-17
NewsSSESSMENTS: Saudi PE Producer Announces May Shipment Offers To Southeast Asia Market
