An Indian trader reported to SSESSMENTS.COM that July shipment PE offers from United Arab Emirates surfaced in the India market with notable adjustments. Compared to offers for June shipment, offers for HDPE Film increased between $70-80/ton while offers for LLDPE Film C4 went up by $80/ton. The trader added that allocation for July shipment is very limited.
Pertaining to LDPE Film offers from the Middle East at $810/ton on LC at sight, CIF Nhava Sheva Port, the trader has not heard such level surfaced in the market yet. The trader commented to SSESSMENTS.COM that the level was too low for current market prices as offers for Saudi and Qatar origins stood at $890/ton and $900/ton respectively with the same payment and delivery terms.
