As SSESSMENTS.COM noted, local PE and PP prices from a Chinese producer surfaced with contrasting adjustments. As reported by a producer source, this week’s local LLDPE Film C4 offers from their end decreased by CNY50/ton ($7/ton) from last week. In contrast, the producer initiated an upward adjustment of CNY50/ton ($7/ton) on local PP Homo Raffia and PP Homo Injection offers as compared to the same period.
Local PE, PP offers on cash, EXW basis (including 13% VAT in CNY term, all equivalent in USD excluding VAT)
| Origin | Product | Transaction Type | Offers (CNY/ton) | Offers (USD/ton) | Delivery Location |
|---|---|---|---|---|---|
| China | LLDPE Film C4 | Offer Given | 7,100 | 888 | East China |
| China | LLDPE Film C4 | Offer Given | 7,100 | 888 | South China |
| China | PP Homo Raffia | Offer Given | 8,050-8,100 | 1,007-1,013 | East China |
| China | PP Homo Raffia | Offer Given | 8,050-8,100 | 1,007-1,013 | South China |
| China | PP Homo Injection | Offer Given | 8,050-8,100 | 1,007-1,013 | East China |
| China | PP Homo Injection | Offer Given | 8,050-8,100 | 1,007-1,013 | South China |
