October PP, PE prices from Middle East steady in Morocco
by ChemOrbis Editorial Team - content@chemorbis.com
A trader offering on behalf of a Saudi producer applied rollovers to Morocco from September due to slow market conditions.
Trader’s new October offers are currently standing at €1060/ton for HDPE film, at €1120/ton for LDPE film, at €1050/ton for PP raffia and injection and at €1070/ton for PP fibre, all on a CIF Casablanca, Morocco, 90 days deferred payment basis.
“As buyers have already covered their needs during the past two months, they are not willing to engage in fresh purchases. Supplies are sufficient while demand is limited with buyers sticking to their basic needs only. The market is mostly steady,” commented the seller.
Trader’s new October offers are currently standing at €1060/ton for HDPE film, at €1120/ton for LDPE film, at €1050/ton for PP raffia and injection and at €1070/ton for PP fibre, all on a CIF Casablanca, Morocco, 90 days deferred payment basis.
“As buyers have already covered their needs during the past two months, they are not willing to engage in fresh purchases. Supplies are sufficient while demand is limited with buyers sticking to their basic needs only. The market is mostly steady,” commented the seller.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Asian ABS markets face renewed drops as weak demand persists into Jan
- China’s PE markets on soft note amid weaker demand, falling futures
- Global PP and PE sellers approach Türkiye with hikes for January
- European PP and PE markets start 2025 on a stable to slightly firmer note
- Global spot styrene markets open 2025 on divergent paths
- New year opens with mixed trends in China’s PVC markets
- China delays major PP, PE startups as expansion plans hit roadblocks
- Stats: Türkiye’s total PP and PE imports down year-on-year in January-November
- PP markets quiet in China; sellers pin hopes on pre-CNY demand
- China's PVC markets struggle with record lows as curtain falls on 2024