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Moroccan trader: Nov PP, PE prices revealed from Middle East

by ChemOrbis Editorial Team -
  • 05/11/2015 (08:44)
A trader operating in Morocco reported receiving new November PP and PE prices from different Middle Eastern producers. According to him, prices mostly indicate rollovers or decreases but supplies are a bit problematic since European suppliers have not been exporting as regularly as before, pointing to their tight supplies. “We usually see reduced availability from Europe towards the end of the year and this year has been no exception,” he added. On another note, the trader touched upon the Moroccan government’s plans about banning manufacturing plastic bags due to environmental concerns and added that such talk has created a panic amongst players.

The trader received prices from different regional producers at €1150-1180/ton for LDPE film, €1140-1200/ton for HDPE film, €1140/ton for PP raffia and injection, €1180/ton for PPBC injection and €1230/ton for PPRC injection on a CIF Casablanca, Morocco, 90 days deferred payment basis.
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