As SSESSMENTS.COM noted, July shipment offers from a Saudi PE producer recorded up to three digits adjustment. In the Southeast Asia market, a global trading house informed that July shipment LLDPE Film C4 offers from the Saudi producer to Indonesia is up by $90/ton. Likewise, HDPE Film offers from the same producer surfaced at $100/ton higher, currently stand at $850/ton on LC at sight, CIF Indonesia Main Port basis. All compared to June shipment offers.
As for China market, July shipment offers from the producer surfaced at $90/ton higher for HDPE Film and $50/ton higher for LLDPE Film C4, all compared to June shipment offers. At the time of publication, the producer has managed to achieve some deals for both HDPE Film and LLDPE Film C4 cargoes at the initial offer levels.
