Professional Documents
Culture Documents
A
S
S
A
D
MU
Currency Rates
Point of Contact
10
10
10
June 24
(WK 25)
61.72
62.37
+ 0.65
Naphtha:
537.43
536.98
- 0.45
Product
Price Change
on Week
1414-1416
1399-1401
- 15
1429-1431
1414-1416
- 15
1329-1331
1329-1331
1299-1301
1299-1301
1319-1321
1319-1321
1339-1341
1339-1341
1309-1311
1309-1311
Polyethylene :
UD
1329-1331
1329-1331
1344-1346
1344-1346
1304-1306
1304-1306
1324-1326
1324-1326
1319-1321
1309-1311
- 10
0
0
1269-1271
1269-1271
1289-1291
1289-1291
1349-1351
1339-1341
- 10
1359-1361
1359-1361
10505-10545
10605-10645
LLDPE
9830-9870
9630-9670
- 200
LDPE
11005-11045
11030-11070
+ 25
+ 100
Raffia
101.94
1455
100.94
1440
- 01
Film
99.46
1418
98.46
1404
- 01
Injection
102.93
1469
101.93
1455
- 01
Blow Moulding
100.79
1438
99.79
1423
- 01
Pipe
102.53
1463
100.53
1434
- 02
99.76
1423
97.76
1394
- 02
Rotomoulding
98.75
1408
96.75
1379
- 02
Injection
102.26
1459
100.26
1430
- 02
Extrusion Coating
101.54
1449
99.54
1420
- 02
General
118.79
1701
116.54
1668
- 2.25
Heavyduty
123.14
1765
120.89
1732
- 2.25
Milk Pouch
123.96
1777
121.71
1744
- 2.25
Injection
125.44
1798
123.19
1766
- 2.25
Lamination
132.38
1900
130.13
1867
- 2.25
R
A
S
INR/KG
LDPE Grade
*Domestic Indian producer prices are quoted in INR/kg basic (Nett of all taxes); equivalent USD/MT price is calculated at
current US/INR rate. *Lot Size:
1 Truck Load (10 to 16 MT)
- Price assessments are based on information gathered from a cross section of the industry that includes resin producers,
processors, traders and distributors.
- Standard repeatable orders (based on confirmed market deals) form the basis of the prices.
USD/MT
Film
INR/KG
LLDPE Grade
AS
0
USD/MT
HDPE Grade
Ethylene :
CFR North East Asia
Specifications:
Cargoes of 100-500mt delivered 15-30 days forward from date of publication with up to 30 days
credit, basis CFR Far East Asia: China main ports (Shanghai, Shenzhen, Ningbo, Shantou, Hong Kong); CFR South East
Asia: Indonesia (Jakarta, Surabaya), Singapore, Philippines (Manila Bay), Malaysia (Port Kelang), Thailand (Bangkok,
Laem Chabang, Map Ta Phut), Vietnam (Ho Chi Minh). Platts prices reflect spot market values on the day of publication.
India Crude Import Basket Calculation: ( (Dubai + Oman) / 2 * 65.2% ) + (Dated Brent * 34.8%)
MOP West India : Mean of Platts FOB West India naphtha export price
ContactDetails:344,AtoZIndl.Estate,G.K.Marg,LowerParel(W),Mumbai400013,INDIA|Email:info@polymerupdate.com|Tel:+912261772000(25lines)|Fax:+912261772025
Singapore
WK 24
WK 25
June 17
June 24
Raffia
1370
1370
Film
1400
1400
Injection
1410
1410
Blow Moulding
1420
1420
HDPE Grade
Price Change
on Week
Pipe
1460
1460
HMHD
1470
1470
LDPE Grade
1410
Heavyduty
1430
1430
Milk Pouch
1440
1440
Injection
1450
1450
--
--
--
LLDPE Grade
June 17
June 24
--
--
--
1350
1350
1340
1340
1360
1360
--
--
1400
1400
A
D
U
--
WK 25
June 17
June 24
--
1360
1360
1400
1400
1410
1410
--
--
--
AR
SS
--
--
1340
1340
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
1430
1430
--
--
--
--
Thailand
1430
1430
1440
1440
--
--
--
--
1450
--
--
1360
1350
--
--
1400
- 10
1390
--
--
--
1700
1370
- 10
Rotomoulding
1390
1380
- 10
1410
--
Qatar
1420
1440
1360
1360
1380
1380
1390
1390
--
--
--
--
--
--
1630
1630
Thailand
1390
1380
--
--
--
--
1380
- 10
1410
1700
--
- 10
Price Change
on Week
--
1420
1450
June 24
1360
1440
June 17
--
1390
WK 25
1360
1390
1430
WK 24
Singapore
1380
Price Change
on Week
1430
Saudi Arabia
WK 24
Price Change
on Week
1400
1400
South Korea
Film
Metallocene
WK 25
Singapore
1410
Injection
WK 24
South Korea
General
Lamination
Thailand
Saudi Arabia
1350
1340
- 10
--
--
1380
1370
- 10
1400
- 10
1400
1390
- 10
--
--
--
--
--
--
--
- 10
ContactDetails:344,AtoZIndl.Estate,G.K.Marg,LowerParel(W),Mumbai400013,INDIA|Email:info@polymerupdate.com|Tel:+912261772000(25lines)|Fax:+912261772025
BLOW MOULDING
INJECTION MOULDING
( MFI - 18 )
Grade No.
INR/MT
USD/MT
RIL (BC/NC)
RIL (Hazira)
HALDIA (HC)
GAIL (M/B/T)
GAIL (M/B/T)
54GB012
B56003
B6401
B52A003A
B63A003A
100040
99790
101000
95010
95010
1427
1423
1441
1353
1353
RIL (Hazira)
HALDIA (HC)
GAIL (M/B/T)
50MA180
98640
100900
94700
1406
1439
1349
1455
1464
1389
M5018L
I50A180A
I60U080A
101930
102550
97470
HDPE FILM
RIL (Hazira)
F56003
98460
1404
RIL (BC/NC)
HALDIA (HC)
GAIL (M/B/T)
46GP009
HDPE PIPE
P54A001A
100530
110200
105530
1434
1576
1507
RIL (Hazira)
52GF004
99450
1418
HALDIA (Works)
GAIL (M/B/T)
F5400
F55HM003A
101950
96570
1455
1376
1427
1440
1519
1361
HMHDPE FILM
RAFFIA
L60075
M6007LU
S
S
A
D
U
M
P-5300
RIL (Hazira)
RIL (Hazira)
HALDIA (HC)
53EA010
R5801
100060
100940
106350
GAIL (M/B/T)
W50A009A
95560
E52009
Producer
RIL
Grade No.
1070LA17
*INR/MT
130128.75
USD/MT
1867
LDPE IM
RIL
16MA400
123187.50
1765
LDPE GP
RIL
24FS040
116538.75
1668
LDPE MP
RIL
1005FY20
121713.75
1744
RIL
RIL
22FA002
1020FA20
120892.50
115526.25
1732
1653
AR
RIL (Hazira)
HALDIA (HC)
GAIL (M/B/T)
INJECTION MOULDING
( MFI - 7 ) UV
Grade
LDPE EC
Grade
Grade No.
INR/MT
USD/MT
RIL (Hazira)
HALDIA (HC)
GAIL (M/B/T)
E24065
72307E
E36A060
99540
102950
96370
1420
1469
1373
RIL (Hazira)
M26500
100260
1430
HALDIA (HC)
71501-S
--
--
LLDPE FILM
RIL (BC/NC)
RIL (BC/NC)
RIL (Hazira)
RIL (Hazira)
HALDIA (HC)
GAIL (M/B/T)
20FS010
20FS020
F18010
F19010
71601S
F20S009A
96960
97970
97750
97760
100900
94830
1382
1397
1393
1394
1439
1351
LLDPE ROTOMOULDING
RIL (BC/NC)
RIL (Hazira)
HALDIA (HC)
HALDIA (HC)
GAIL (M/B/T)
36RA045
R35042
73005T
73204T
R35A042A
99880
96750
104250
104250
97920
1425
1379
1488
1488
1396
LLDPE EXTRUSION
COATING
LLDPE INJECTION
MOULDING
*Domestic Indian producer prices are quoted in INR/MT basic (Nett of all taxes) ; equivalent USD/MT price is at current US/INR rate. *Lot Size:
1 Truck Load (10 to 16 MT)
- Ex Works: BC/NC = Ex Works Baroda Complex / Nagothane Complex | Ex Works: HC = Halidia Complex | Ex Works: M/B/T = Mumbai / Bhiwandi / Thane
- Product Key: EC = Extrusion Coating, IM = Injection Moulding, GP = General Purpose, MP = Milk Pouch, MFI = Melt Flow Index, UV = Ultra Violet, HM = Heavy Molecule
- USD Price calculation: INR/MT Aprox. Clearing and Forwarding charges / Basic Duty / Exchange Rate = USD/MT (For example: 82330 2500 / 1.075 / 54.24 = 1396)
ContactDetails:344,AtoZIndl.Estate,G.K.Marg,LowerParel(W),Mumbai400013,INDIA|Email:info@polymerupdate.com|Tel:+912261772000(25lines)|Fax:+912261772025
Mumbai
Delhi
Kolkatta
Bangalore
Indore
Chennai
Ahmedabad
Rajasthan
Kanpur
Hyderabad
Punjab
Kerala
108 - 109
114 - 115
116 -117
109 - 112
111 - 112
114.5 - 115
117 - 118
117 - 117.5
118 - 119
112.5 - 113.5
121 - 122
118 - 118.5
HDPE Raffia
111 - 111.5
112 - 113
115 - 116
112 - 113
115 - 116
121 - 122
108 - 109
HDPE Injection
110 - 110.5
114 - 115
115 - 116
109 - 111
117 - 118
113 - 114
118 - 119
116 - 116.5
116 - 116.5
105 - 106
119 - 120
HDPE Blow
Moulding
110 - 110.5
116 - 116.5
119 - 120
112 - 113
118 - 119
115.5 - 116
118 - 119
116 - 116.5
116.5 - 117
110 - 111
117 - 118
115.5 - 116
LLDPE Film
110 - 111
116 - 116.5
117 - 118
110 - 112
117 - 118
115.5 - 116
120 - 121
115.5 - 116
120 - 120.5
113 - 114
120 - 121
116.5 - 117
LDPE FILM
112.5 - 113
116 - 117
118 - 119
114 - 117
118 - 119
118 - 119
122 -123
120 - 120.5
120 - 120.5
116 - 117
120 - 121
120 - 120.5
Product
HMHDPE
R
A
S
Currency Rates
AS
63.59
Countries
Currency Rates
123.95
UD
13,274.94
3.74
77.78
1.34
133.96
1105.97
33.74
3.75
30.89
3.67
101.72
6.20
Heard in PE MARKET
Platts :
Polymerupdate :
HDPE film: July offer heard at $1,375/mt CFR China, 100-500mt, Thailand origin , LC90 days
LLDPE film: Prompt offer at $1,290/mt CFR China, 100-500mt, LC 90 days, Canadian origin
HDPE FILM: Domestic Chinese cargoes heard sold at Yuan 10,600-10,650/mt ex-works in east China, 100-500mt
LLDPE film: Prompt offer at $1,300/mt CFR China, 100-500mt, TT, Qatari origin
N.A.
ContactDetails:344,AtoZIndl.Estate,G.K.Marg,LowerParel(W),Mumbai400013,INDIA|Email:info@polymerupdate.com|Tel:+912261772000(25lines)|Fax:+912261772025
The Asian ethylene market was assessed unchanged Wednesday, with trading activity still
Asian high density polyethylene prices were steady this week, amid thin trading due to a seasonal slowdown and a
sluggish as buyers and sellers stuck to the sidelines. Buyers are reluctant to secure spot
standoff between buyers and sellers. Convertors were heard to have enough inventory and hence stayed away
cargoes as ethylene supplies are expected to rise from late July after steam cracker
from buying. Demand is typically low in the Middle East and Southeast Asia during Ramadan which began on June
turnaround season ends. In addition, deepsea supplies are available from the US and Europe
18. Manufacturers lower their operating rates during the month, while some factories also undergo maintenance
to Asia. "Deepsea supplies are increasing and buyers are also expecting supplies from regional
shutdowns and workers work shorter hours, market participants said. Demand from India is also sluggish during
producers to increase too after turnaround season," said a trader. Sellers are in no hurry to sell
this period due to the monsoons, which typically run from July-September. There was a standoff between buyers
spot cargoes as current supplies remain tight and spot availabilities were limited as steam
R
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cracker turnaround season continues. "Until discussions for July arrival cargoes finish, market
activities would remain sluggish," said the trader.
S
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RATIONALE:
MU
and sellers, as Middle East producers were heard to be keeping their offers high amid rising feedstock ethylene
costs, a firm European market, shipping delays to the Southeast and North Asian ports, and lower production
RATIONALE:
The CFR Northeast Asia ethylene price was assessed unchanged day on day at $1,400/mt
HDPE film was assessed at $1,305/mt CFR Far East Asia Wednesday, flat week on week. China is the main market
Wednesday. A buying indication was heard at $1,300-$1,350/mt CFR NEA, while a sell idea
for HDPE film. Offers were heard mainly for July-arrival cargoes at $1,350-$1,375/mt CFR Far East Asia (China),
was reported at $1,430-$1,450/mt CFR NEA. The CFR Southeast Asia ethylene price was also
but there were no bids heard as most buyers had already purchased cargoes in the beginning of the month. The
assessed unchanged at $1,415/mt during the same period, with no bids or offers reported
CFR South Asia HDPE film price was assessed at $1,345/mt CFR, also flat week on week. Offers were heard at
$1,360-$1,370/mt CFR South Asia (India), but was met with thin buying interest.
ContactDetails:344,AtoZIndl.Estate,G.K.Marg,LowerParel(W),Mumbai400013,INDIA|Email:info@polymerupdate.com|Tel:+912261772000(25lines)|Fax:+912261772025
Asian linear low density polyethylene prices were flat week on weak. Trading activity was still sluggish as
buyers and sellers stuck to the sidelines. Buyers were reluctant to secure spot cargoes as demand was weak
Low density polyethylene prices fell in Far East Asia due to weak demand. Buyers were reluctant
following a slowdown in manufacturing activity ahead of the rainy season in India. There was a standoff
to purchase imported cargoes in anticipation of further price reductions. Demand usually takes a
between buyers and sellers, as Middle East producers were heard to be keeping their offers high amid rising
hit during the monsoon season in India, which runs from June-September, but this year it has
feedstock ethylene costs and a firm European market. The CFR Northeast Asia ethylene price was assessed
been delayed slightly. In addition, arbitrage opportunities to the US or Europe were also thin, as
June and July is typically the vacation period in Western countries, resulting in lower production
AR
activities, traders said. According to market participants, demand was expected to rebound from
RATIONALE:
August onwards, once current high stocks fall. Meanwhile, since the start of the Muslim holy
SS
LLDPE was assessed flat week on week at $1,270/mt CFR Far East Asia Wednesday. There were no July offers
month of Ramadan on June 18 there has been a slight lag in shipments and clearance procedures
heard, although prompt cargoes were offered by traders at $1,290/mt CFR FE Asia (China). No bids were
A
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heard. South Asia was assessed at $1,310/mt CFR, down $10/mt on weak demand. Traders said the typical
price spread between India and China was around $40/mt.
RATIONALE:
LDPE was assessed at $1,340/mt CFR Far East Asia Wednesday, down $10/mt week on week.
The CFR Southeast Asia marker was assessed at $1,360/mt, reflecting the $20/mt freight
differential between China and Southeast Asia. China domestic cargoes were priced around Yuan
11,050/mt ex-works, reflecting trades and current discussions.
ContactDetails:344,AtoZIndl.Estate,G.K.Marg,LowerParel(W),Mumbai400013,INDIA|Email:info@polymerupdate.com|Tel:+912261772000(25lines)|Fax:+912261772025
R
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MU
Naphtha to Ethylene
Polyethylene to Naphtha
R
A
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AS
UD
Ethylene to Polyethylene
Premium or discount of weekly LDPE Southeast Asian price over weekly Far East Asian LDPE
ContactDetails:344,AtoZIndl.Estate,G.K.Marg,LowerParel(W),Mumbai400013,INDIA|Email:info@polymerupdate.com|Tel:+912261772000(25lines)|Fax:+912261772025
Middle East
Middle East
To:
East China
South China
India
Southeast Asia
NW Europe
Turkey
US Gulf
Latin America
25 100 MT
20 25
15 25
45 50
30 35
55 65
50 70
130 140
165 175
> 100 MT
10 15
10 15
30 40
25 30
50 60
40 60
120 130
160 165
NOTES:
Polymers refer to Polyethylene, Polypropylene, Polystyrene, ABS, and PVC.
1) Middle East loadings refer to products coming from Jebel Ali (Dubai), Khalifa (Abu Dhabi), Jubail (Saudi Arabia), Shuaiba (Kuwait),
Rabigh (Saudi Arabia), Mesaieed (Qatar), Assaluyeh and Bandar Imam Khomeini (Iran) ports. The assessments are normalized
between these ports.
2) East China deliveries refer to products coming into Zhangjiagang, Shanghai, Jiangyin, Nantong, Ningbo, Nanjing, Zhenjiang ports.
3) South China deliveries refer to products coming into Shenzhen, Shantou, Hong Kong, Xiamen, Zhuhai ports.
4) India deliveries refer to products coming into Kolkata, Mumbai and Chennai ports.
5) South East Asia deliveries refer to products coming into Indonesia (Jakarta, Surabaya), Singapore, Philippines (Manila Bay),
Malaysia (Port Kelang), Thailand (Bangkok), Vietnam (Ho Chi Minh) ports.
6) Northwest Europe deliveries refer to products coming into Antwerp port. Deliveries into Rotterdam and Amsterdam ports will be
normalized to Antwerp.
7) Turkey deliveries refer to products coming into Istanbul and Mersin ports.
8) US Gulf deliveries refer to products coming into Houston port. No deliveries from the Persian Gulf.
9) Latin America deliveries refer to products coming into mainports in Brazil, Chile, Uruguay.
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ContactDetails:344,AtoZIndl.Estate,G.K.Marg,LowerParel(W),Mumbai400013,INDIA|Email:info@polymerupdate.com|Tel:+912261772000(25lines)|Fax:+912261772025
10
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11