Market sources contacted by SSESSMENTS.COM shared done deal for July shipment LLDPE Film C4 cargoes to Asia market. As noted, deals for July shipment for LLDPE Film C4 cargoes to Asia market mostly concluded at the same level to the initial offers. In the China market, July shipment offers for LLDPE Film C4 from a Saudi producer were available at $50/ton higher on the monthly comparison. Some traders decided to purchase the cargoes at the same level to the initial offers at $800/ton, citing that these offers are lower compared to July shipment offers from other suppliers. Moreover, the allocation for these cargoes is limited. While to Pakistan, a trader managed to close deals at $870/ton and $840/ton for July shipment LLDPE Film C4 cargoes of the Middle East and South Africa origin respectively.
In Indonesia, according to a trader, July shipment offers for LLDPE Film C4 from a Saudi PE producer increased up to three digits. The offers moved up by $100/ton compared to two months ago with shipment directly from the Middle East. Deals for these cargoes concluded at the same level to the initial offers at $810/ton as the producer was unwilling to give room for negotiation. Likewise, SSESSMENTS.COM’s pricing database showed that deals for US LLDPE Film C4 to Indonesia concluded at the same level to the initial offers at $800/ton with shipment directly from the US. As for Qatari cargoes, a manufacturer in Indonesia purchased a small volume of Qatari LLDPE Film C4 at $850/ton for July to early August shipment.
As to Vietnam market, a trader and distributor purchased Saudi LLDPE Film C4 achieved at $20/ton lower than the initial offer level between $860-870/ton, as stated to SSESSMENTS.COM. All transactions on LC at sight, CIF/CFR Main Port basis.
