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.
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