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Iranian PE exports to China may slack on plant turn-arounds
May 18, 2018
Source: ICIS

Iranian PE exports to China may slack on plant turn-arounds

Due to scheduled maintenance at major Iranian facilities, China's supply of imported polyethylene (PE) from Iran might tighten up in the next three months. Chinese merchants are additionally careful about the US sanctions on Iran as this would mean increased trouble in cargo payments. Several Chinese distributors had to utilize third parties to dispatch payments for Iranian cargoes through Dubai to find their way along financial obstacles.

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