Linear Low Density Polyethylene: Latin America

摘要

The assessment for the Brazilian linear low-density polyethylene import market was assessed Wednesday down $40 week on week at $1,630-1,640/mt CFR as Asianorigin offers were continuing to weaken, sources said. US-origin offers were heard in a range of $1,640-1,675/ mt CFR Brazil for March delivery. “Market participants in Brazil are scared and purchases are actually quite locked. Nobody wants to confirm anything unless some bargaining happens,” a Brazilian trader said. As the prices decrease, more movement has been seen in the market. A 200-mt deal for linear low-density was heard this week at $1,650/mt CFR Brazil, although it was not used as part of the assessment process as the volume did not meet Platts methodology standards for polyethylene products.