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Another Middle Eastern producer reveals Nov PP prices to SEA

by ChemOrbis Editorial Team -
  • 27/10/2014 (11:30)
Following a Middle Eastern producer’s November announcement, another producer from the region has revealed their new PP prices to the Southeast Asian markets with decreases of $30-40/ton from October.

The producer’s new November prices are standing at $1500-1510/ton for homo-PP raffia and injection and at $1550/ton for BOPP, all on a CIF SEA, cash basis.

A source from the producer commented, “Although demand remains sluggish, we hope that the market will revive in the near term as more producers will announce their November prices to the region within the next two weeks and some buyers should return to the market in order to make new purchases.”
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