A source in China reports that a producer from the Middle East has floated an offer for HDPE (High-Density Polyethylene) film grade at USD 925 per metric ton, for cargo to be shipped in October 2025 on a CFR China Main Port basis.
This latest offer appears to reflect softening supply-side pressure, but also indicates that sellers are still seeking strong margins despite global uncertainties. By quoting at USD 925/mt, the producer is positioning itself above recent offers from other Middle Eastern suppliers, which had hovered in lower USD-900 ranges in earlier months.
Market observers say that this move could signal tightening availability or increasing costs related to feedstocks, freight, or logistics. Demand in China remains cautious, especially among converters watching global raw material trends, exchange rates, and domestic pricing pressures. Freight costs, arrival delays, and trade policy dynamics may also play a role in influencing buyer behavior towards such quoted levels.
Buyers in China in recent weeks have been comparing these kinds of offers with lower-priced cargoes from other exporting regions, balancing cost vs. delivery reliability. Whether or not the USD 925/mt figure holds will depend on how feedstock costs evolve, how shipping capacity shapes up, and how quickly downstream demand picks up ahead of the October window.
If accepted, this price could set a new benchmark for HDPE Film imports into China for that period, possibly nudging up the pricing expectations for other producers shipping into the region.
