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SE Asian producer reveals November PP, PE prices

by ChemOrbis Editorial Team -
  • 23/10/2014 (16:20)
A source from a Southeast Asian producer reported that they have announced their new November PP and PE prices to the regional markets with rollovers to decreases of $10-20/ton from their most recent offer levels. The producer cut their prices by $20/ton for PP block copolymer and LDPE, by $10-20/ton for PP raffia and injection while maintaining their HDPE prices.

The producer’s November prices are standing at $1620/ton for PP block copolymer injection, at $1550-1560/ton for homo-PP injection and raffia and at $1560/ton for LDPE film, HDPE film, blow moulding and injection, all on a CIF SEA, cash basis.

A source from the producer stated, “We are not feeling optimistic regarding the market outlook for the near term as prices are still following a softening trend. We haven’t announced our new prices to China yet.”

In Southeast Asia, PP prices are currently reported at $1570-1690/ton for PP block copolymer injection, at $1690-1710/ton for PP random copolymer injection, at $1450-1580/ton for raffia, at $1660/ton for homo-PP film and at $1480-1570/ton for homo-PP injection, all on a CIF SEA, cash equivalent basis. Import PE prices in the region are standing at $1510-1590/ton for LDPE film, at $1510-1650/ton for LLDPE film and at $1560-1580/ton for HDPE film, moulding and injection with the same terms.
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