Low Density Polyethylene Latin America

摘要

Import pricing for low-density polyethylene in Peru fell $20/mt week on week, assessed Wednesday at $1,800-$1,810/mt CFR basis as the market was talked lower and offers for Europe-origin and deep-sea cargoes also appeared to suggest downward movement. Buyers saw most of their most competitive offers for Asia-and Middle Eastorigin material. US-origin LDPE continued to be talked in a range of $1,840-$1,850/mt CFR Basis. However, offers for Asia-origin material were heard at $1,820-$1,850/ mt CFR basis. Market participants also acknowledged that Spanish-origin product was being marketed to South America at competitive prices. This Europe-origin material was heard offered at levels of $1,780-$1,800/ mt CFR basis for loading in early September, though the delivery terms were unknown so the offer was not considered for assessment as the cargoes could fall outside Platts’ methodology specifications. Saudi Arabia-origin material, was heard offered at $1,790/mt CFR basis but similarly was not considered for assessment because its delivery timing was unclear, with sources indicating that the material generally takes more than 40 days to reach Peru.