Thailand major adjusted HDPE price up to China market

A major Thailand producer has adjusted their offers for HDPE film to China up by additional $5/t this morning after implemented some $30/t hike on their cargoes last week, to reach $1145/t CFR China, LC AS term. 

A buyer received the offer said, “We have purchased this cargoes last week at $1130/t, and this week our supplier only has HDPE film cargoes available. We see the futures market seems to have correction and this might affect the sentiment in the near term, hence we are monitoring new development instead of committing to a fresh replenishment.”

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