In Vietnam, a bag manufacturer reported receiving January PE prices from the same Saudi Arabian producer at $1100/ton CIF, cash for both HDPE and LLDPE film. According to the converter, the producer’s new levels are $70/ton below the last offers they received from the supplier. “Prices came out earlier this month and we feel that the new levels still have room for decreases as ongoing expectations for lower prices are keeping buyers on the sidelines. We are planning to wait for a while as more offers are likely to be revealed from the Middle East next week,” the buyer stated.