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April PE prices cautiously up in Mid-East, Africa; PP firms for 2nd month

Middle Eastern and African PE markets have leaned towards a steady-to-firm trend in April. PE prices followed divergent paths back in March after having been on a steady to soft note during the first two months of the year. PP markets are relatively stronger, meanwhile, as monthly hikes have somewhat gained momentum across the two regions...

  • 02.04.2019

Nigeria’s ELEME announces PP, PE offers for April

The latest PE offers were unchanged while PP grades saw increases of NGN10,000/ton ($28/ton)…

  • 01.04.2019

March PE prices take split paths in Africa, Mid-East

In the Middle East, March PE offers from the regional suppliers emerged with rollovers to increases amid higher energy and upstream costs. However, rising costs have failed filter through the March prices in African PE markets, where prices remained stable or decreased from February...

  • 19.03.2019

Stable to firm trend pervades PP markets in Mid-East, Africa

New PP offers in the Middle Eastern markets have rolled over or increased from last month amid planned and unplanned shutdowns after firming attempts showed up sporadically but somehow failed to prevail across the region in February. March offers to African PP markets are also stable to firm, first time after one year...

  • 05.03.2019

Import and local PP, PE prices for March announced in Nigeria, Kenya

ELEME rolled over PE prices and increased PP offers by NGN10,000-11,000/ton…

  • 04.03.2019

Sentiment fails to improve in Feb across Mid-Eastern and African PP, PE markets

A lackluster sentiment has been clouding the PP and PE markets in Africa and Middle East since the second half of 2018. Some hike attempts have surfaced in February; however, comfortable supplies and moderate-to-low demand yet again kept prices relatively stable...

  • 12.02.2019

Thai Indorama acquires packaging business in Nigeria

The transaction is expected to be completed within this quarter…

  • 08.02.2019

Import and local PP, PE prices for Feb announced in Nigeria, Kenya

Nigerian players received stable to softer offers from the local producer ELEME…

  • 05.02.2019

Players tread with caution in Mid-Eastern and African PP, PE markets

PP and PE markets in the Middle East and Africa have had a quiet start to the year as a lack of consensus on the market outlook found reflection in the trading activities. New offers for January were revealed steady to softer from last month, sustaining the same trend in place for the large part of last year...

  • 08.01.2019

Import and local PP, PE prices for Jan announced in Nigeria, Kenya

The new offers indicated rollovers to decreases from December…

  • 07.01.2019

Bearish trend pervades Mid-East and African PE markets in 2018

PE prices have tracked a downward trend for the most part of 2018 in the Middle East and Africa. Local and import markets have been falling for the last 8- 9 months in a row. ChemOrbis Price Indices currently represent the lowest levels of the past few years in many countries across these regions...

  • 13.12.2018

Saudi major applies decreases in global PE markets for December

The year-end lull in global PE markets coupled with falling upstream prices shaped the major producer’s pricing policy for this month. Accordingly, the producer came with visible price decreases across the board...

  • 07.12.2018

Import PP, PE offers for Dec emerge in South Africa, Nigeria

New prices reflected the global bearish trend…

  • 06.12.2018

Nigeria’s ELEME announces PP, PE offers for December

The latest offers were NGN16,000-25,000/ton ($44-69/ton) lower from last month…

  • 05.12.2018

Indorama announces PET, PTA turnaround schedule for Q4

Three PET and eight PTA units are set for maintenance shutdowns in the final quarter…

  • 08.11.2018

Import PP, PE prices for Nov revealed in Kenya and Nigeria

Players received steady to softer offers from the Saudi major and South Korean producers…

  • 07.11.2018

Nigeria’s ELEME reveals PP, PE offers for November

The local producer’s HDPE offers indicated decreases…

  • 02.11.2018

PE sustains soft path in October across Africa, Mid-East

Import PE prices in the markets of Africa and the Middle East surfaced with rollovers to drops for another month. October has been the 7th consecutive month that the market followed a similar trend...

  • 05.10.2018

Import and local PP, PE offers for Oct emerge in Nigeria

Sellers have kept prices largely unchanged or decreased in line with the tepid demand…

  • 04.10.2018

African PP, PE markets on a weak note for 6 months

Initial PP and PE prices for September have mostly held stable or been subjected to some decreases in the African markets since the overall buying interest failed to improve particularly in the north after...

  • 11.09.2018

Nigeria’s ELEME keeps Sept PP, PE offers unchanged

According to a source close to the company, the Nigerian producer, ELEME, kept its offers for PP and PE unchanged...

  • 06.09.2018

Nigeria’s ELEME revises initial Aug PP, PE offers down

According to a source close to the company, the Nigerian producer, ELEME, has downwardly revised its initial PP and PE offers for August...

  • 27.08.2018

PP, PE markets face stable to softer trend for the 5th month in a row in Mid-East, Africa

In the Middle East and Africa, most regional producers revealed their PP and PE offers for August with rollovers to decreases. According to ChemOrbis Price Indices, this is marked as the fifth consecutive month that both markets have been on...

  • 13.08.2018

Import PP, PE offers for August emerge in Nigeria

In Nigeria, import PE and PP offers from the Middle East emerged with rollovers to decreases ranging between $...

  • 07.08.2018

Nigeria’s ELEME keeps August PP, PE offers stable

Nigeria’s local producer, ELEME, kept its offers for PP and PE unchanged for the second month in a row...

  • 03.08.2018

371 record found.
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