China LLDPE prices steady on limited buying interest

06 September 2016 11:16 Source:ICIS News

SINGAPORE (ICIS)--China’s linear low density polyethylene (LLDPE) film prices were steady on Tuesday amid limited buying interest, market sources said.

Prices were assessed at $1,100-1,170/tonne CFR (cost and freight) China, according to ICIS data.

Most buyers had secured their cargoes in previous weeks, while traders were maintaining their firm offers, market sources sources said.

A Chinese trader offered a Middle East LLDPE film cargo at $1,180/tonne CFR China for September arrival.

Another trader offered an LLDPE film cargo for September shipment at $1,190/tonne CFR China but failed to attracted buying interest.

By Felita Widjaja