A source in China confirms that a Saudi Arabian producer has reportedly put forward an offer of USD 900 per metric ton for its HDPE (High-Density Polyethylene) film grade. The offer is based on a CFR China Main Port delivery and is intended for October 2025 shipment.
Market watchers suggest that this pricing indicates a cautious optimism among Middle Eastern suppliers, who may be anticipating tighter supply or rising costs in coming months. The USD 900/mt mark sits at a threshold that balances competitive pressure from other origins with the producer’s need to secure profitable contracts. With shipping, feedstock, and logistical costs increasing globally, this offer could represent a defensive move to pre-empt cost escalations.
Buyers in China are said to be evaluating this offer in light of competing bids from other suppliers, current and anticipated currency movements, and the expected conditions of port logistics in the autumn. The HDPE film demand in China has been mixed; while some downstream users are holding back purchases, others are monitoring the front-end of Q4 to lock in favorable terms before any potential spike in rates or supply constraints.
Should this Saudi offer be accepted or matched, it could serve as a benchmark for other producers targeting the Chinese market for October shipments. It may also influence how downstream converters plan their procurement strategy, especially if they expect further firmness in HDPE film pricing heading into the last quarter.
