China PE Market Price (05 Nov 2009)

Published: 05 Nov 2009 18:11:25 PST

A buyer was offered Iranian HDPE film CFR Shanghai, China, subject to 6.5% customs duty, cash $1180-1190/ton

A buyer was offered Singaporean LLDPE c4 film FCA Shanghai, China, cash $1260-1270/ton

A packaging film producer in the East reported that they are willing to purchase some materials according to the orders they receive from their customers amidst soft market sentiment. They are running their plant at rates below their normal production rates. "Meanwhile, we received offers at the same level as yesterday," he comments.