Thursday, January 14, 2010

Jan PE offers from Middle East to Malaysia US$100 above December offer

A Middle Eastern producer announced a US$100-110/ton increase in January PE offers to Malaysia this week, vs their December offer levels, as per Chemorbis. This was in line with the market expectationns given the sharp increase in import prices recently recorded in regional import prices, resulting in new offers at US$1380/ton CIF Malaysia, cash for HDPE film and blow moulding; US$1450-1460/ton with the same terms for LLDPE film.


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