SSESSMENTS.COM was told that a Turkey producer is mulling over selling PE cargoes to Vietnam market. As stated, most traders in Vietnam voiced out buy ideas at below $800/ton-level for LDPE Film, which is at $790/ton on LC at sight, CIF Vietnam Main Port basis. However, the producer is still contemplating whether or not to sell the cargoes at such a level considering prices for Middle East origin cargoes to the Southeast Asia market. If LDPE Film cargoes of Middle East origin are being offered at and above $800/ton-level in Southeast Asia, the producer’s offers should be well-accepted at such a level as well since the shipment time is only one week longer.
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