LLDPE

Softer sentiments prevailed in LLDPE markets, causing prices to dip to US$1660/MT in Asia in the week of March 31, 2008. Deteriorating demand from buyers in Asia has dampened prices for the week. Korean producers have offered material for April about twenty dollars higher than current prices, whereas Middle Eastern cargoes were quoted at US$1650/MT CFR CMP. Producers from Taiwan have settled deals for material for April shipment at US$1675-1690/MT CFR SE Asia.