Pe Prices In China Decline For The Third Consecutive Week-pe, Polyethylene - Plastics Industry

This Week in China Polyethylene ( PE ) Price for the third consecutive week of decline

, manufacturers and traders Sell The maximum value in the recent trading price dropped 60 U.S. dollars / ton. Sharp drop in prices because sellers trying to sell as much cargo in October because of fears that China and the commissioning of the new devices will be further to the next few weeks the price of the Asian region to exert downward pressure.

Buying interest in Southeast Asia also can not be optimistic, as most importers do not want to purchase a new cargo, worried that prices could decline further. Indonesia and Malaysia because of the upcoming Eid holiday trading slow down. Malaysia, the overall number of downstream firms that supply is not very readily available, compared with the Chinese market, the price competitiveness of the Malaysian market will not be much. Thailand, most of the major downstream to maintain sufficient inventory, and is expected early in October to return to the market to replenish inventories.

Difficult to predict the market outlook. Some suppliers said they believe prices will further downstream, as the market digested the new plant in China and the Middle East, news of recent production. However, other vendors have said they believe that if polyethylene prices affect their costs, regional vendors will cut production. Therefore, the production cut will lead to regional supply tightened, so as to provide some support to regional prices.

LDPE About 500 tons from a port in the Baltic Sea by the end of September / early October 1160 the price of ocean-going cargo U.S. dollars / ton (CFR China). A Middle East company on the October 1320 offer cargo U.S. dollars / ton (CFR China), but did not attract buying interest. Number of shipments of sales in Malaysia in October 1250 price of intent U.S. dollars / ton (CFR China). China's domestic market, import supply price of 10,000-11,000 yuan / ton (warehouse price), falls from 50-150 yuan / ton. Southeast Asia, Malaysia in October a group of cargo in the sales price of less than 1280 U.S. dollars intention / ton (CFR Southeast Asia).

LLDPE Cargo of the Iranian supply in October 1200 sales price of intent U.S. dollars / ton (CFR China), the corresponding price of 1150 U.S. dollars to purchase intention / ton (CFR China). A Middle East cargo manufacturers offer in October for the 1230 U.S. dollars / ton (CFR), but never heard of your price. U.S. cargo supply in October 1170 U.S. dollars / ton (CFR China) offer failed to attract buying interest. South of products exempt from import tax offer 1,250 USD / tonne (CFR China), the product metal, but generally does not represent the mainstream of this price level, market price, because the goods are duty free. Korean products in October cargo sold for 1150 U.S. dollars / ton (CFR China), inclusion of other grades of polyethylene products, so this does not mean that prices of goods LLDPE prices of goods. Chinese domestic market, import supply price of 9,750-11,200 yuan / ton (warehouse price), down from last week 50-300 yuan / ton.

Southeast Asia, Korean products in October offer cargo for the 1280-1290 U.S. dollars / ton (CFR South East Asia), but did not attract buying interest. Manufacturers in October, a Middle East cargo offer for the 1240-1250 U.S. dollars / ton (CFR China), but never heard of transactions.

HDPE

A South Korean companies to 1200 U.S. dollars / ton (CFR China) sales price of about 2,000 tons of cargo in October, down 60 U.S. dollars valuation previous week / ton. Bonded warehouse spot price of the goods shipped to Iran, 1150 U.S. dollars / ton (CFR China). It is reported that Iran's bonded warehouse immediate shipment of goods sold for 1,100 U.S. dollars / ton (CFR China), but the transaction has not been confirmed. China's domestic market, import supply price of 9,900-10,100 yuan / ton

by: gaga

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