Another Saudi producer reveals Dec PP, PE offers to local market

After a Saudi major revealed their December PP and PE prices to the local market with rollovers, another producer announced its new offers with different pricing policies.

According to a trader, the producer maintained its homo PP and HDPE film offers at its November levels while implementing a decrease of SAR37/ton ($10/ton) on its new LLDPE c4 film offers. However, the producer increased its HDPE b/m offers by SAR38/ton ($10/ton) from November.

The producer’s new offers are standing at SAR3750/ton ($1000/ton) for homo PP raffia and injection, at SAR4163/ton ($1110/ton) for LLDPE c4 film and HDPE b/m and at SAR4125/ton ($1100/ton) for HDPE film, all on an FD Jeddah, Saudi Arabia, cash basis.