China PE Market Price (06 Nov 2009)

Published: 06 Nov 2009 01:28:36 PST

A distributor offers Chinese LDPE film ex-warehouse Tianjin, China, cash inc VAT at CNY11300/ton ($1415/ton without VAT)

A distributor offers Chinese LLDPE c4 film ex-warehouse Tianjin, China, cash inc VAT at CNY10500-10600/ton ($1314-1327/ton without VAT)

A distributor offers Singaporean LLDPE c4 film ex-warehouse Tianjin, China, cash inc VAT at CNY10600-10700/ton ($1327-1340/ton without VAT)

A distributor reported that they are offering LDPE with CNY50-100/ton increases compared to yesterday under the light of the price hikes issued by domestic producers. "Plus, market sentiment feels better today amidst upward momentum in the futures market and the higher domestic offers," he comments.