Import LLDPE Film Hits 8-Month High in SE Asia (March 5, 2025)
🔹 Prices & Supply: Import prices have risen steadily, with the low-end now at $1010/ton CIF. A major Saudi producer raised March offers by $20/ton due to a 75% supply cut.
🔹 Supply Shortages: Planned turnarounds in the Middle East and regional plant shutdowns, including Petronas' Johor facility, have tightened availability.
🔹 Demand Trends: The agricultural season offers some support, but broader demand remains sluggish. Buyers are reluctant to stock up, preferring to purchase only as needed.
With tight supply and cautious demand, the market remains uncertain despite the ongoing uptrend.
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