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Nigeria’s ELEME steps back on December HDPE, LLDPE offers

by ChemOrbis Editorial Team -
  • 25/12/2017 (13:11)
A distributor in Nigeria reported that Nigeria’s local producer, ELEME, decreased its December HDPE and LLDPE offers to the local market following five consecutive months of stability. The producer kept its PP prices flat compared to the initial December offers.

According to the distributor, the producer applied decreases of NGN15,000/ton ($42/ton) for HDPE grades and NGN33,000/ton ($92/ton) for LLDPE c4 film. Accordingly, ELEME’s new offers are currently standing at NGN492,000/ton ($1365/ton) for HDPE film, at NGN471,000/ton ($1307/ton) for LLDPE c4 film, at NGN490,000/ton ($1360/ton) for HDPE inj. and at NGN489,000/ton ($1356/ton) for HDPE b/m, all on an ex-Port Harcourt, Nigeria, cash excluding 5% VAT basis.
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