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Middle Eastern producer announces June PE prices to SEA

by ChemOrbis Editorial Team - content@chemorbis.com
  • 26/05/2015 (10:52)
A source from a Middle Eastern producer reported that they have announced their June PE prices to Southeast Asia. The producer rolled over the low end of their May offers for June, revealing their new prices at $1400/ton CIF SEA, cash for LLDPE film, HDPE film and blow moulding.

The source commented, “Demand is not strong as buyers are not showing much interest in our new prices. For June, we feel that we will be able to conclude deals with some discounts.”

At the start of the week, a Saudi Arabian producer reportedly announced their PE prices for June with rollovers from May at $1430/ton CIF SEA, cash basis for LLDPE and HDPE film.
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