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Saudi PP, PE dealt lower for Aug in Egypt

by ChemOrbis Editorial Team - content@chemorbis.com
  • 03/08/2017 (18:16)
In Egypt, a film manufacturer reported that they concluded some PP, PE deals for August with a Saudi major with decreases of $10-30/ton from the supplier’s July offers.

The converter’s done deal levels were reported at $1280/ton for LDPE film, at 1250/ton for LLDPE film, at $1200/ton for HDPE film, at $1050/ton for PP raffia and inj., all on CIF Egypt, 90 days basis.

“The supplier has claimed to have limited supplies this month and that’s why, they didn’t concede to large discounts. However, prices are still considered to be high in the midst of weak demand and stagnant activities,” said the converter.
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