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Saudi major issues October PP, PE offers to the local market

by ChemOrbis Editorial Team -
  • 28/09/2016 (15:22)
A trader in Saudi Arabia reported that they received new October PP and PE offers from a major Saudi producer.

The producer’s new offers indicate rollovers for PP and PE, except for HDPE grades which witnessed a decrease of SAR113/ton ($30/ton) when compared to the September levels.

According to the trader’s report, the Saudi major’s new October PP and PE prices are standing at SAR3750/ton ($1000/ton) for homo-PP raffia and injection, at SAR3863/ton ($1030/ton) for homo-PP film and fibre, at SAR4238/ton ($1130/ton) for HDPE film, at SAR4350/ton ($1160/ton) for HDPE blow moulding, at SAR4425/ton($1180/ton) for LDPE film, at SAR4275/ton ($1140/ton) for LLDPE film, at SAR4425/ton ($1180/ton) for HDPE injection, all on an FD Jeddah, Saudi Arabia, cash basis.

The source commented that the major is expected to reveal its new prices to Egypt with rollovers to slight decreases from September.
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