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Major Saudi producer announces April PP, PE prices to SEA

by ChemOrbis Editorial Team -
  • 31/03/2015 (15:22)
A major Saudi Arabian producer has announced their new April PP and PE prices to Southeast Asian markets with increases from March. The producer raised their prices by $120/ton for HDPE film and homo-PP, $100/ton for LLDPE and $160/ton for PP block copolymer.

A source from the producer commented, “We have already sold out our LLDPE allocation while our customers are trying to negotiate for lower prices for HDPE film. We are expecting PP and PE prices to continue to move higher over the near term as supplies remain tight.”

The producer’s new offers currently stand at $1330/ton for PP block copolymer, at $1290/ton for raffia and injection, at $1320/ton for LLDPE film and at $1340/ton for HDPE film, all on a CIF Vietnam, cash basis.
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