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Philippine converter: Saudi major lifts LLDPE prices

by ChemOrbis Editorial Team -
  • 06/03/2015 (14:53)
A converter based in the Philippines reported that a major Saudi Arabian producer has implemented increases of $40/ton on their LLDPE injection prices compared to last week, bringing their new offers to $1330/ton CIF SEA, cash basis.

The buyer stated, “Our Saudi supplier informed us that they have a very limited allocation for LLDPE while other players also confirm that LLDPE supply is quite tight at the moment. We are planning to wait until next week before purchasing in order to have a clearer market outlook.”
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