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Major Thailand maker cut PE offers to ChinaMajor Thailand maker cut PE offers to China |
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Market sources reported receiving fresh PE offers from a major Thailand producers with $10/t reduction for LLDPE and $20/t decreased for HDPE and LDPE compared to earlier this month.
The producer currently offer HDPE film at $1210/t, HDPE yarn at $1220/t, LLDPE film at $1270/t, LDPE film at $1220/t and LDPE heavy duty at$1240/t, all on CFR China, LC A/S basis, end of May shipment.
“This offer might not attract so much of buying attention since most buyers are now away from the market for ChinaPlast exhibition. We see very limited trading activities these two days and this might prolong throughout this week," a Chinese trader commented.