February PP, PE prices surface firmer in North Africa

Players in Morocco reported new February offers largely with increases when compared to January. PE prices were higher by €20-50/ton ($21-54/ton), except for LDPE offers which remain unchanged from January. Meanwhile, PP prices recorded €30/ton increases when compared to January levels.

Prices are currently at €950-970/ton ($1029-1050/ton) for LDPE, €940-950/ton ($1018-1029/ton) for LLDPE, €990-1000/ton ($1072-1083/ton) for HDPE film, €1020-1030/ton ($1104-1115/ton) for HDPE b/m and inj., €1060-1070/ton ($1148-1159/ton) for PPBC, €1100-1110/ton ($1191-1202/ton) for PPRC, €950-960/ton ($1029-1039/ton) for PPH raffia and inj., €990-1000/ton ($1072-1083/ton) for PPH film and fibre., on a CIF Casablanca, cash basis.

In Tunisia, February offers were reported with €20-50/ton ($21-54/ton) increases for PE and rollovers for PP when compared to January levels at €1010-1030/ton ($1094-1115/ton) for LDPE, €970-990/ton ($1050-1072/ton) for LLDPE, €960-980/ton ($1039-1061/ton) for HDPE film, €960-980/ton ($1039-1061/ton) for HDPE b/m and inj., €1070-1080/ton ($1159-1169/ton) for PPBC, €1100-1110/ton ($1191-1202/ton) for PPRC, €950-970/ton ($1029-1050/ton) for PPH raffia and inj., €990-1000/ton ($1072-1083/ton) for PPH film and fibre., on a CFR Tunisia, 90 days basis.