Emirati producer announces Jan PP, PE offers to SE Asia

A Singaporean agent of an Emirati producer reported that their supplier revealed its January PP and PE prices to Southeast Asia with rollovers to increases from December.

According to the agent, the producer increased its new offers by $50/ton for HDPE film, by $20/ton for PP random copolymer injection and by $10/ton for LLDPE film and PP block copolymer injection while rolling over its LDPE film and homo-PP offers when compared to December.

The producer’s January offers currently stand at $1290/ton for HDPE film, at $1250/ton for LLDPE film, LDPE film and PPBC inj., at $1220/ton for homo-PP raffia and injection and at $1320/ton for PPRC inj., all on CIF SEA, cash basis.