Search posts by:

Search posts by:

Newsletter successfully sent
Failed to send newletter

NewsSSESSMENTS: Leading Indian Petrochemical Producer Resumed Offering LLDPE To China Market

Author: SSESSMENTS

The leading Indian petrochemical producer informed SSESSMENTS.COM that the company has resumed offering LLDPE Film C4 to China market after an absence for some time. The current offers are available at $820-830/ton depending on the Melt Flow Index (MFI), the higher range is for MFI 2. To date, no deals concluded yet. The producer also expressing their intention to offer HDPE Yarn grade to Chinese buyers but have not found an agreement on the prices yet. Some buyers placed bids for HDPE Yarn at $870-880/ton but the producer could not accept, citing such a level is too low. The producer only managed to sell HDPE Yarn to the Vietnam market, with deals concluded at $890/ton after a tough negotiation. As compared to offers in early July, the producer’s offers for HDPE Yarn to Vietnam maintained stable. All offers on LC at sight, CIF Main Port basis.



Import PE offers on LC at sight, CIF Main Port basis

OriginProductTransaction TypeOffers (USD/ton)Delivery Country
IndiaHDPE YarnBid Received870-880China
IndiaHDPE YarnSold890Vietnam
IndiaLLDPE Film C4Offer Given820-830China
Description: *All for late August-September shipment

Tags: Asia Pacific,China,English,India,NEA,News,PE,Vietnam

Published on July 29, 2020 4:34 PM (GMT+8)
Last Updated on July 29, 2020 4:34 PM (GMT+8)