China PE Market Price (02 Nov 2009)

Published: 02 Nov 2009 01:30:42 PST

A Chinese producer offers LDPE film ex-warehouse Guangzhou, China, cash inc VAT at CNY11000-11200/ton ($1377-1402/ton without VAT)

A Chinese producer offers LLDPE c4 film ex-warehouse Guangzhou, China, cash inc VAT at CNY10600/ton ($1327/ton without VAT)

A Chinese producer offers HDPE yarn ex-warehouse Guangzhou, China, cash inc VAT at CNY10250/ton ($1283/ton without VAT)

A Chinese producer offers HDPE film ex-warehouse Guangzhou, China, cash inc VAT at CNY10100/ton ($1264/ton without VAT)

A domestic producer reported raising all their PE offers by CNY100-200/ton compared to last week considering higher prices in the distribution market and their inadequate stock levels. "Plus, higher import prices given by overseas producers also influenced our decision," he clarifies. The producer deems market sentiment and demand as "inactive" today.