Middle East/Asia PE pipe grade market buoyed by Chinese demand

摘要

SINGAPORE (ICIS)--The Middle East and Asia polyethylene (PE) pipe grade black 100 markets are being supported by rising import demand from key buyer China,where selling indications for May cargoes increased.Actual offers for May cargoes are expected to emerge in the coming week.Spot prices of PE pipe grade black 100 were assessed at $1,290-1,310/tonne CFR (cost & freight) China on 24 April,according to ICIS data.