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Another Mid-Eastern producer lifts PE, PP prices to Egypt

by ChemOrbis Editorial Team -
  • 03/06/2015 (15:50)
Market players operating in Egypt continue to receive new offers from different Middle Eastern producers.

A distributor reported that they received $50/ton firmer PE and PP prices from a regional producer at $1450/ton for HDPE, LDPE and LLDPE c4 film on CIF Alexandria, 90 days basis. Meanwhile, they also obtained PP raffia and injection for June at $1400/ton with the same terms.

“The Middle Eastern producer’s allocations are still limited for June, but at the same time market activity is very weak and buying interest remains at minimal levels. However, for LLDPE c4 film, overall supplies appear slightly better than last month,” he added.
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