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NewsSSESSMENTS: Middle Eastern Producer Significantly Adjusted April Shipment PE, PP Offers To China

Author: SSESSMENTS

A Chinese trader informed SSESSMENTS.COM that a Middle Eastern producer significantly adjusted April shipment PE and PP offers to China. The producer decreased offers for HDPE Film and LLDPE Film C4 by $90/ton. After the adjustments, offers for both grades are at $700/ton-levels. LDPE Film offers were trimmed by $70/ton. For PP, the most significant downward adjustment was applied for PP Block Copolymer, by $80/ton. Meanwhile, offers for PP Homo Raffia and PP Random Copolymer Blow dropped by $40/ton and $60/ton, respectively. All the adjustments are compared to March shipment offers.



Import PE, PP offers on LC at sight, CIF China main port basis

OriginProductTransaction TypeOffers (USD/ton)
Middle EastHDPE FilmOffer Received720
Middle EastLDPE FilmOffer Received800
Middle EastLLDPE Film C4Offer Received790
Middle EastPP Block CopolymerOffer Received820
Middle EastPP Homo RaffiaOffer Received800
Middle EastPP Random Copolymer BlowOffer Received880

Tags: Asia Pacific,China,English,NEA,News,PE,PP

Published on March 27, 2020 10:05 AM (GMT+8)
Last Updated on March 27, 2020 10:05 AM (GMT+8)