According to SSESSMENTS.COM’s pricing database, Saudi PP Homo Raffia offers to China is touching a new threshold level. As reported by a Chinese trader, import PP Homo Raffia cargoes from a Saudi producer are available at $900/ton on LC at sight, CIF China Main Port basis, making it a new highest level. For import PE cargoes, the fresh offers for HDPE Film and LLDPE Film C4 from another Saudi producer surfaced with an upward adjustment of $30/ton from last week’s levels, stand at $760/ton and $750/ton, respectively, on the same payment and delivery terms.
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NewsSSESSMENTS: Major Chinese Polyolefins Producers’ Inventory Supports Current PE Price Trend