More April PP,PE prices from Mid-East to SE Asia
by ChemOrbis Editorial Team - content@chemorbis.com
Middle Eastern producers continue to approach the Southeast Asian markets with their new April offers. A Singaporean trader reported that a Middle Eastern producer announced its PP and PE prices with decreases when compared to its March levels.
The trader informed that the producer cut its PE prices by $40/ton for both HDPE and LLDPE, by $60/ton for PP homo, by $70/ton for PP block copolymer and by $110/ton for PP random copolymer on a monthly basis.
Accordingly, the producer’s April offers are standing at $1140/ton for homo-PP injection, $1180/ton for PP block copolymer injection, at $1210/ton for PP random copolymer injection, at $1160/ton for HDPE film and at $1240/ton for LLDPE film, all on CIF SEA, cash basis.
The trader informed that the producer cut its PE prices by $40/ton for both HDPE and LLDPE, by $60/ton for PP homo, by $70/ton for PP block copolymer and by $110/ton for PP random copolymer on a monthly basis.
Accordingly, the producer’s April offers are standing at $1140/ton for homo-PP injection, $1180/ton for PP block copolymer injection, at $1210/ton for PP random copolymer injection, at $1160/ton for HDPE film and at $1240/ton for LLDPE film, all on CIF SEA, cash basis.
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