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SEA producer announces Oct PP, PE prices to regional markets

by ChemOrbis Editorial Team -
  • 18/09/2015 (03:46)
A source from a Southeast Asian producer reported that they announced their October PP and PE prices to the regional markets at $1100/ton for homo-PP raffia and injection and at $1200/ton for LDPE and HDPE film, all on a CIF SEA, cash basis.

The source commented, “We are running our plant at full rates thanks to our high profit margins. Buying interest from China is limited ahead of the approaching holidays, so we are planning to focus more on the Indonesian market for the short term.”

In Southeast Asia, overall import homo-PP prices currently stand at $1000-1100/ton on a CIF SEA, cash equivalent basis while import PE prices stand at $1180-1230/ton for LDPE film and at $1130-1220/ton for HDPE film with the same terms.
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