12 October 2010 09:17 [Source: ICIS news]
Different PE film grades were assessed at $1,160-1,480/tonne CFR (cost and freight)
Several traders said it was easy to find buyers for C4 linear low density PE (LLDPE) at $1,270-1,300/tonne CFR
A Japanese trader sold low density PE (LDPE) for October shipment from Saudi Arabia at $1,520/tonne CFR China, while a Middle East producer sold the same grade at $1,530/tonne CFR China for end-October/early November shipment. These were 40-50/tonne higher than previous transactions.
Russian LDPE was offered at $1,480-1,490/tonne CFR China for prompt lifting at the bonded warehouse, against buying ideas at around $1,450/tonne CFR China, up $70/tonne from previous deals.
Imported film grade high density PE (HDPE) of Asian and
Some traders believe that part of the current PE uptrend was caused by speculation that the
Such measures would boost
($1 = €0.72)
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