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Saudi producer announces May PE prices to SEA

by ChemOrbis Editorial Team - content@chemorbis.com
  • 27/04/2015 (14:24)
A source from a Saudi Arabian producer reported that they have announced their May PE prices to Southeast Asian markets in line with their sell ideas. The producer raised their PE offers by $40/ton for May when compared to April, bringing their new prices to $1420/ton CIF SEA, cash for LLDPE and HDPE film.

The source stated, “We are feeling free from sales pressure as our May allocation is limited, especially for LLDPE.”

In Southeast Asia, overall import PE prices currently stand at $1370-1380/ton for HDPE film and at $1370-1440/ton for LLDPE film, all on a CIF SEA, cash equivalent basis.
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