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Saudi major reveals April PP, PE prices to the local market

by ChemOrbis Editorial Team -
  • 31/03/2015 (12:24)
In Saudi Arabia, a distributor reported receiving new April prices from a local producer with increases of SAR375/ton ($100/ton) for most PP and PE products when compared to March. “We see good demand from buyers while supplies continue to be tight. We are now waiting for other local producers to reveal their new prices. However, we are not sure if the rest of the producers will be able to announce for April or not,” he added.

The distributor was offered LDPE film at SAR4350-4425/ton ($1160-1180/ton), LLDPE injection at SAR4410/ton ($1176/ton), HDPE film at SAR4125/ton ($1100/ton), HDPE b/m at SAR4125/ton ($1100/ton), HDPE injection at SAR3750/ton ($1000/ton), PP injection and raffia at SAR4163/ton ($1110/ton), GPPS injection at SAR5074/ton ($1353/ton), HIPS at SAR5382/ton ($1435/ton) and PET at SAR4900/ton ($1306/ton) on an FD Jeddah, Saudi Arabia, cash basis.
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