POLYMERS - LLDPE

LLDPE prices moved up to US$1540/MT in Asia in the week of December 17, 2007, on the back of tight supplies from Taiwan. Though suppliers’ offers have seen a hike of almost fifty dollars, prices have not swung to the same tune as buying intention remains pegged lower. South Korean LLDPE cargoes were heard being offered at US$1540/MT BWT terms, while US LLDPE cargoes were heard offered at US$1480/MT CFR China/Hongkong.