Friday, September 03, 2010

New higher priced US spot export offers rejected by traders

Several traders have roundly turned down new US spot export offers as they were deemed too high for most import markets, as per Platts.
Formosa is rumoured to have offered HDPE blow molding at 55 ceents/lb (US$1213/mt), LLDPE at 57 cents/lb, and HDPE film at 57 cents/lb all in railcars delivered to Houston.

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