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SEA trader receives April PP, PE prices from a Saudi major

by ChemOrbis Editorial Team -
  • 31/03/2015 (16:40)
In Southeast Asia, a trader based in the Philippines reported that he has received new April PP and PE prices from a major Saudi Arabian producer with increases from March. According to the trader, the producer’s new levels indicate increases of $180/ton for HDPE film, $150/ton for LLDPE film, $170/ton for LDPE film, $190/ton for homo-PP raffia, $240/ton for PP block copolymer and $260/ton for PP random copolymer when compared to the initial March prices which the trader received from the same seller.

He stated, “Our supplier informed us that these offers are valid only until April 3 and they are subject to availability. We are planning to purchase some material from the local market as we find local prices to be more competitive.”

The trader stated that they received new PE offers from the supplier at $1390/ton for HDPE film, at $1360-1380/ton for LLDPE film, at $1380/ton for LDPE film and HDPE injection, at $1430/ton for HDPE pipe (PE100), at $1440/ton for LLDPE injection and at $1400-1410/ton for LDPE injection, all on a CIF Philippines, cash basis. The producer’s new PP prices stand at $1270/ton for homo-PP raffia, at $1300/ton for injection, at $1380-1400/ton for PP block copolymer and at $1460/ton for PP random copolymer with the same terms.
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