07 June 2010 12:49 [Source: ICIS news]
SINGAPORE (ICIS news)--Formosa Plastics Corp has been exporting more high density polyethylene (HDPE) pipe resins to the Middle East, where netbacks are higher, a source with the Taiwan-based producer said on Monday.
“We’re selling HDPE pipe grades to ?xml:namespace>
The amount that
HDPE film grade prices have been under downward pressure in the
HDPE film grade was assessed at $1,080-1,180/tonne CFR (cost and freight)
The HDPE film grade weekly average has fallen by around 13% in the past six months to $1,140/tonne CFR China in the week ended 4 June, down from $1,315/tonne CFR China in the week ended 8 January, according to ICIS pricing.
($1 = €0.82)
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