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The 25% Chinese tariffs on high-density polyethylene (PE) and linear-low-density PE, which are scheduled to be implemented on Aug. 23, have really begun to disrupt the market, particularly in Houston, the major resin export hub.
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Polymer, PP, PVC, HDPE, LDPE price lists of Reliance, Gail, Haldia and other plastic raw material manufacturers
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This reflected in the week on week Prices with upward revisions in certain HD grades and marginal downward revision in the LD grades and rollover in the LLDPE prices in the SE Asian sector and a rollover in the PE Prices in India offers except a hike of $ 10/Mt in the HD injection moulding grades price.
New polyethylene (PE) production coming online in the US Gulf in the first quarter of 2018 could bring oversupply of product in Latin America, but the impact on each country will be different, considering that the regional economies are on different stages of development and have different import tariffs.
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