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Nigeria’s ELEME reveals July PP, PE offers to local market

by ChemOrbis Editorial Team - content@chemorbis.com
  • 03/07/2017 (13:33)
A manufacturer in Nigeria reported that the local producer, ELEME, revealed its new July PE and PP offers with decreases from its initial June offers, in line with expectations.

The producer lowered its offers by NGN20,000/ton ($64/ton) for HDPE grades, by NGN30,000 ($95/ton) for LLDPE film, by NGN19,000 ($60/ton) for homo PP grades and by NGN26,000 ($83/ton) for PPBC inj., from early June offers.

Accordingly, ELEME’s new offers are standing at NGN541,000/ton ($1711/ton) for HDPE film, at NGN540,000/ton ($1708/ton) for LLDPE film, at NGN538,000/ton ($1701/ton) for HDPE b/m, at NGN539,000/ton ($1705/ton) for HDPE inj., at NGN502,000/ton for ($1587/ton) for PP raffia, at NGN495,000/ton ($1565/ton) for inj. and at NGN522,000-538,000/ton ($1651-1701/ton) for PPBC inj., all on an ex-Port Harcourt, Nigeria, cash excluding 5% VAT basis.
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