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Middle Eastern producer rolls over June PE to Egypt

by ChemOrbis Editorial Team -
  • 02/06/2015 (16:23)
A source from a Middle Eastern producer reported that they mostly rolled over their June PE prices to Egypt. “Demand is slower than May and players are already expecting lower prices in July. In the meantime, overall allocations are still limited, but weaker demand offsets these supply issues,” he added.

Their June prices stand at $1540-1550/ton for HDPE film, $1560-1580/ton for LDPE film, with the high end offered for heavy duty grade, and at $1550/ton for LLDPE film on a CIF Alexandria, 90 days deferred payment basis.
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