11 September 2012 11:48 [Source: ICIS news]
SINGAPORE (ICIS)--ExxonMobil has raised its offers for hexene-based metallocene linear low density polyethylene (MLLDPE) by $30/tonne (€23/tonne) in ?xml:namespace>
The company is offering hexene-based MLLDPE at $1,500/tonne CFR (cost and freight)
ExxonMobil declined to comment on the issue.
Prices of feedstock ethylene in Asia were assessed at $1,300-1,380/tonne CFR northeast
PE prices in Europe soared on the back of strong naphtha prices.
Last week, the company had informed its buyers in
But some market participants said that ExxonMobil may find it difficult to achieve the proposed price increase in
Several buyers in
Business has been bad for plastics processors in
“With consumer demand slowing down globally, how can we be paying more for plastics resins,” the Malaysian PE film processor said.
($1 = €0.78)
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