Thai producer cut HDPE prices to Vietnam

A major Thailand producer has decided to lower their HDPE offers to Vietnam this week by $10/t compared to before the holidays levels to reach $1220/t CIF Vietnam, LC AS term for HDPE film, injection, blow molding and yarn grades.

Source from the producer informed, “Demand is weak as buyers are generally expecting further downward adjustment in the near term. We are having comfortable stock level and willing to negotiate with serious buyers.”