Jul 18, 2025 6:21 a.m.

Sinopec lifted local LLDPE film prices, maintained homo-PP for April

Sinopec lifted local LLDPE film prices, maintained homo-PP for April

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Market players reported that a major local producer in China – Sinopec has adjusted their spot offers for LLDPE film up by CNY50/t ($8/t) with effective 1 April 2016 on all cargoes to be delivered next month.  Meanwhile, the producer reportedly maintains homo-PP prices unchanged with only some CNY100-200/t ($15-31/t) adjustment on specialty grades.  

A distributor commented, “The increases are much lower than our expectation and this could be the result of weakening futures trades these days. However, we believed that April outlook would remain firm due to lack of cargoes.”

 

 

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