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Source: ChemOrbis ChemOrbis

China PE Market Price (22 November 2010)

Published: 22 Nov 2010 01:51:38 PST

A buyer was offered Thai LLDPE c4 film ex-warehouse Ningbo, China, cash inc VAT at CNY11000/ton ($1420/ton without VAT)

A buyer was offered American LLDPE c4 film ex-warehouse Ningbo, China, cash inc VAT at CNY11100/ton ($1433/ton without VAT)

A buyer was offered Southeast Asian LDPE film ex-warehouse Ningbo, China, cash inc VAT at CNY13600/ton ($1755/ton without VAT)

A buyer reported that they are considering to make some small purchases in line with demand for packaging film products, commenting that they are unwilling to purchase in large amounts these days given bearish market sentiment and comfortable supplies. According to him, sellers’ offer levels can be considered as stable although some discounts are obtainable in return for firm bids. “We are running our plant at around 60% capacity,” he added.

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