Market sources informed SSESSMENTS.COM that the leading Saudi polyolefins producer is planning to adjust its PE offers to the China market following the market trend. According to the producer source, the company will adjust up HDPE Film, LDPE Film, and LLDPE Film C4 offers between $10-20/ton from last week’s levels, taking into account the uptrend in import prices. Additionally, the producer does not have inventory pressure at the moment as a result of improvement in buying activities, not only in China but also in other markets.
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