January Middle Eastern PP, PE prices surface in Jordan
by ChemOrbis Editorial Team - content@chemorbis.com
In Jordan, players started to receive new January PP and PE prices from different Middle Eastern producers with decreases of around $40/ton for PP and rollovers for PE.
However, when considering thin buying interest and comfortable local supply levels, players mostly anticipate further reductions on January import prices as the month proceeds.
New Middle Eastern prices stand at $1190-1200/ton for HDPE, LDPE and LLDPE c4 film while PP raffia and injection prices stand at $950-1000/ton on a CIP Amman/CIF Aqaba, 90 days deferred payment basis.
However, when considering thin buying interest and comfortable local supply levels, players mostly anticipate further reductions on January import prices as the month proceeds.
New Middle Eastern prices stand at $1190-1200/ton for HDPE, LDPE and LLDPE c4 film while PP raffia and injection prices stand at $950-1000/ton on a CIP Amman/CIF Aqaba, 90 days deferred payment basis.
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