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A Jordanian buyer voices July outlook

by ChemOrbis Editorial Team -
  • 09/06/2015 (17:04)
A Jordanian buyer reported receiving June LLDPE c4 film offers from a Middle Eastern producer with $25/ton increases from May at $1475/ton CIF Aqaba, Jordan, 90 days deferred payment basis. Whilst sharing prices, the buyer also voiced their July expectancies.

According to him, they are yet to receive June offers from a major Saudi Arabian producer. “We only received offers from one Middle Eastern producer while we see improving end product demand. Supplies are relatively limited since this particular Middle Eastern producer usually delivers their orders late. Regarding July, we anticipate a steady trend when considering stabilizing global markets as well as mostly steady crude oil prices.”
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