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Saudi major issues August PP, PE prices to Egypt

by ChemOrbis Editorial Team - content@chemorbis.com
  • 01/08/2016 (16:24)
A major Saudi Arabian producer announced their new August PP and PE prices to Egypt. Their prices indicate rollovers when compared to their latest July levels, according to a converter.

The converter reported that the producer issued rollovers both for PP and PE, with their new August prices currently standing at $1210/ton for HDPE, LDPE and LLDPE film, at $1240/ton for HDPE blow moulding, at $1260/ton for HDPE injection, at $1300-1340/ton for HDPE pipe (PE100), at $1050/ton for homo-PP raffia and injection, at $1080/ton for homo-PP film and fibre, at $1220/ton for PPBC injection, at $1310/ton for PPRC injection and at $1390/ton for PPRC pipe Type 3, all on a CIF Alexandria, Egypt, 90 days deferred payment basis.

The buyer commented, “The major producer’s August prices came in line with our initial expectations. The import market is still quiet due to ongoing parity problems.”
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