Monday, April 09, 2012

Cargo flow limited despite opening of South East Asia polyethylene arbitrage

The arbitrage opportunity to move polyethylene cargoes from China to Southeast Asia is open, but cargo flow is still limited, as per market players in Platts.
Traders are mainly moving linear low dennsity polyethylene (LLDPE) from Chinese bonded warehouses to Southeast Asia, in a practice called "re-exporting.

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