Prices of the film of linear low density polyethylene (LDL) in China on October 25 increased by USD10 per ton, according to ICIS.

Thus, the price range was USD1 110-1 190 per tonne, CFR China. However, some market participants do not believe that the rise in prices can be maintained in the long term.

The trader made a deal in the Middle East for the supply of LDL film in November for USD1 190 per tonne, CFR China.

On October 21 the price proposals ranged USD1 100-1 180 per tonne CFR China.

Some market participants are concerned that the demand for the final product does not meet the rising prices for raw materials.

As reported by the MRC earlier, import prices LDL film brands in China at the end of last week reached USD1 300 per ton on the background of tight supply in the market.

According to the price review ICIS-MRC, the price situation on the Russian market LDL changed last week. Some suppliers in the Middle East LDL C4 reported that they have sold out their quota October polyethylene (PE). Proposals on the delivery of PE for rotational molding were in the range of 108 000-112 000 rubles. per ton, including VAT, FCA Kazan and Nizhnekamsk.