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Jordan and Lebanon see steady to softer PP, PE offers for May

by ChemOrbis Editorial Team - content@chemorbis.com
  • 04/05/2023 (13:28)
In Lebanon, players reported new May offers with mostly rollovers for PE and $30/ton decreases for PP when compared to initial April levels. According to local sources, trading activity is picking up; yet it remains below average rates.

May offers are currently standing at $1240-1270/ton for LDPE, $1090-1110/ton for LLDPE, $1070-1090/ton for HDPE film, $1080-1100/ton for HDPE b/m and inj., $1210-1220/ton for PPBC, $1260-1270/ton for PPRC, $1110-1120/ton for PPH raffia and inj., $1160-1180/ton for PPH film and fibre., on a CIF Lebanon, cash basis.

Meanwhile, May offers to Jordan surfaced with $10-30/ton decreases for PE and rollovers for PP when compared to April .

Offers are currently standing at $1320-1350/ton for LDPE, $1220-1230/ton for LLDPE, $1190-1210/ton for HDPE film, $1230-1250/ton for HDPE b/m and inj., $1180-1190/ton for PPH raffia and inj., $1200-1240/ton for PPH film and fibre. All offers are on a CIF Jordan, 90 days basis.

According to market sources, buyers are negotiating for discounts before making any purchases.
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