As SSESSMENTS.COM noted, June shipment PE offers to Philippines and Vietnam moved in tandem. As reported by market sources, June shipment PE offers from a Malaysian producer to Philippines and Vietnam increased between $20-50/ton as compared to May shipment. Offers for HDPE Film is $20/ton higher, available at $780/ton. While LDPE Film offers increased by $50/ton as compared to the same period, currently stand at $900/ton. All offers are on LC at sight, CIF Main Port Basis.
Similarly, offers from the leading Saudi polyolefins producer to Vietnam also surfaced with an increment, SSESSMENTS.COM was told. Offers for HDPE Film and LLDPE Film C4 from the producer are available at $780/ton and $760/ton respectively, on LC at sight, CIF Vietnam Main Port basis. As compared to last week, HDPE Film and LLDPE Film C4 went up by $10/ton. Meanwhile, offers for LDPE Film remain stable as compared to the same period, captured at $860/ton on LC at sight, CIF Vietnam Main Port basis.
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