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Import PP, PE prices for Aug announced in Nigeria, Kenya

by ChemOrbis Editorial Team - content@chemorbis.com
  • 01/08/2019 (10:07)
In Nigeria, a major Saudi producer announced decreases ranging between $30/ton and $50/ton when compared to last month, in line with sluggish demand and the global downturn.

The Saudi major’s new offers stood at $1050/ton for HDPE film, $1010/ton for LLDPE c4 film, $1040/ton for LDPE film, and at $1130/ton PP raffia and inj., all on CFR Lagos, cash terms.

In Kenya, the Saudi major’s offers indicated rollovers or small decreases from July, with distributors reporting comfortable supplies and poor demand.

The producer’s latest offers were at $1070-1080/ton for HDPE film, $1030/ton for LLDPE c4 film, $1080/ton for HDPE b/m, $1130/ton for LDPE film, and at $1120/ton PP raffia and inj., all on CFR Mombasa, Kenya, 90 days basis.

Meanwhile, another Saudi producer offered PP raffia and injection cargoes to Kenyan players at more competitive prices at $1080/ton, with the same terms.
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