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Nigerian ELEME raises May prices

by ChemOrbis Editorial Team -
  • 12/05/2015 (15:57)
In Nigeria, the local PP and PE producer ELEME had rolled over their prices at the beginning of May. However, this week, a source from the producer reported that they adjusted their prices upward by NGN16,000/ton ($80/ton) for both products.

The producer’s new prices stand at NGN348,000/ton ($1748/ton) for LLDPE c4 injection, at NGN343,000/ton ($1723/ton) for HDPE film, at NGN341,000/ton ($1713/ton) for HDPE blow moulding, at NGN339,000-345,000/ton ($1702-1732/ton) for PP block copolymer injection, at NGN334,000/ton ($1678/ton) for PP raffia and BOPP and at NGN331,000/ton ($1663/ton) for PP injection on an ex-Port Harcourt, cash not inc 5% VAT basis.
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