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Nigerian producer ELEME announces Nov PP, PE prices

by ChemOrbis Editorial Team -
  • 03/11/2014 (09:45)
A trader in Nigeria reported that the domestic producer ELEME offered November LLDPE and HDPE cargoes with decreases of NGN5000/ton ($30/ton) and offered PP at a rollover.

The new prices are at NGN311000/ton ($1881/ton) for HDPE film, at NGN307000/ton ($1857/ton) for LLDPE c4 film, at NGN314000/ton ($1899/ton) for LLDPE c4 injection, at NGN308000/ton ($1863/ton) for HDPE blow moulding, and at NGN309000/ton ($1869/ton) for HDPE injection based on ex-Port Harcourt, Nigeria, cash.

For PP, November prices are NGN294000/ton ($1778/ton) for raffia grade, at NGN291000/ton ($1760/ton) for injection, at NGN294000/ton ($1778/ton) for BOPP and at NGN300000-304000/ton ($1814-1839/ton) for PP block copolymer injection with the same terms.

The trader had noted last week that they were expecting ELEME to reduce prices by around NGN2000-3000/ton in order to remain competitive against new import prices.
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