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Another Saudi producer announces Jan PP, PE prices to SE Asia

by ChemOrbis Editorial Team - content@chemorbis.com
  • 18/12/2015 (23:06)
An agent of a Saudi Arabian producer reported that their supplier has announced January PP and PE prices to Southeast Asia. According to the trader, the producer’s new offers stand at $900/ton for homo-PP raffia and at $1120/ton for HDPE and LLDPE film, all on a CIF Indonesia/Thailand, cash basis.

Prior to the producer’s announcement, regional players had received January PE prices from a different Saudi producer with decreases at $1080-1100/ton on a CIF, cash basis.

In Southeast Asia, overall PE prices are currently reported at $1060-1150/ton for LLDPE film and at $1080-1130/ton for HDPE film, all on a CIF SEA, cash equivalent basis. For homo-PP raffia, import prices currently stand at $840-930/ton with the same terms.
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