Bangladesh’s polyethylene market has seen fresh movement, with a Saudi Arabian producer heard to have announced its offer for linear low-density polyethylene (LLDPE) film grade at USD 950 per metric ton on a CFR Chattogram port basis for September 2025 shipment, according to a source.
The announcement comes at a time when Bangladeshi converters remain cautious in their procurement strategies, balancing weak downstream demand with steady regional supply flows. While LLDPE film remains one of the most in-demand grades for packaging and agricultural applications, buyers have been reluctant to commit to large volumes in recent weeks, citing both economic pressures and expectations of more competitive offers as September progresses.
Market participants noted that the USD 950/mt offer falls within a competitive range compared with recent regional benchmarks, signaling that Saudi suppliers are aiming to strengthen their foothold in South Asia amid growing competition from Middle Eastern and Asian cargoes. The proximity and established trade links between Saudi producers and South Asian buyers provide a logistical advantage, though traders remarked that Bangladesh’s importers continue to weigh these benefits against the prevailing uncertainty in global polyethylene fundamentals.
Converters in Bangladesh, particularly in the film and flexible packaging segments, are closely monitoring international price movements before finalizing their purchasing decisions. With demand conditions still subdued in the domestic market, many buyers are opting for a wait-and-see approach, anticipating that additional September offers could surface at slightly lower levels.
Industry observers suggested that while the Saudi offer reflects competitive intent, actual transaction volumes will depend on how quickly downstream demand begins to pick up as the region exits the monsoon season and shifts toward year-end restocking. For now, the offer serves as a reference point in shaping sentiment, setting the tone for negotiations between suppliers and buyers in the weeks ahead.
