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Nigeria’s ELEME announces September PP, PE prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 06/09/2016 (09:39)
Nigeria’s local PP and PE producer ELEME announced their September prices with increases from August. Prior to their September announcement, the producer had issued two upward revisions on their August offers after initially announcing higher prices.

According to a trader who confirmed receiving firmer prices from ELEME, the producer’s new PP and PE offers now stand at NGN600.000/ton ($1803/ton) for LLDPE c4 film and HDPE blow moulding, at NGN615.000/ton ($1848/ton) for LLDPE c4 injection, at NGN603.000/ton ($1812/ton) for HDPE film, at NGN 601.000/ton ($1806/ton) for HDPE injection, at NGN557.000-570.000/ton ($1674-1713/ton) for PPBC injection, at NGN532.000/ton ($1599/ton) for PP raffia and at NGN529.000/ton ($1589/ton) for PP injection, all on ex-warehouse Port Harcourt city, Nigeria, cash excluding 5% VAT basis.

The producer’s new offers indicate increases of NGN12.000/ton ($38/ton) for PE and NGN5.000/ton ($16/ton) for PP when compared to their latest August levels.
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