A reliable source in China reports that a US-based producer has put forward an offer for high-density polyethylene (HDPE), injection grade, priced at USD 830 per metric ton on a Cost & Freight (CFR) basis to China’s main ports. The proposed shipment date is for October 2025, placing this offer squarely in Q4 trade discussions.
This development comes against a backdrop of stable to mild softening in the Asian HDPE market. Recent assessments of HDPE injection grade CFR China levels have hovered around the USD 830-860/mt range. Sellers are maintaining prices, but there is noticeable buyer pressure due to supply availability and cautious demand.
The US offer at USD 830/mt suggests an attempt to compete with regional and Middle Eastern suppliers whose pricing in recent weeks has largely exceeded this level. If accepted, imports from the US at these levels could sway procurement decisions, especially where cost savings are a priority.
Market watchers will be looking closely at how Chinese buyers respond. Key factors will include shipping costs, exchange rates, downstream demand, and whether other suppliers revise their offers in light of this USD 830 proposal.
