High-Density Polyethylene Asia

摘要

High density polyethylene in Asia was largely stable thisweek, with buyers and sellers locked in a stalemate. HDPE-film was unchanged from last week at $1,365/mt CFR FarEast Asia, $1,380/mt CFR Southeast Asia and $1,380/mt CFRSouth Asia. Market participants were waiting for Augustoffers, which are expected to be announced later this weekor next week. Producers were cautious about announcingoffers, preferring to “collect more information.” “People areafraid of making a mistake and causing a market frenzy, sonobody wants to make the first move,” a trader said. AMiddle East producer said his offer indication was $1,350-1,370/mt CFR China. Traders offered cargoes at $1,380-1,400/mt this week, but few deals were heard at these levels.