Skip to content

Filter Options
Text :
Search Criteria :
Territory/Country :
Product Group/Product :
News Type :
My Favorites:
 

HDPE pipe prices defy firmer trend in Turkey

by ChemOrbis Editorial Team - content@chemorbis.com
  • 15/07/2016 (13:56)
Although the PE market has firmed up since mid June, HDPE pipe prices have defied the trend this week. Players reported weaker prices when compared to the pre-holiday period.

South Korean PE 100 prices retreated by $20-40/ton to $1260-1300/ton CIF for natural grade. “South Korean suppliers were sold out for July,” said a pipe maker.

As for black grade, two different origins from the Middle East were traded at $1240-1250/ton CIF, subject to 6.5% duty, cash. When compared to the initial offers made for these cargoes, they represent a decrease of $30/ton.

South and West European HDPE pipe 100 black cargoes were also offered at €1200-1210/ton ($1333-1344/ton) CIF Turkey, cash.

A trader attributed this divergence in trend to the fiercer competition in the pipe market. A buyer also pointed to the slowing number of infrastructure projects.
Free Trial