Skip to content

Filter Options
Text :
Search Criteria :
Territory/Country :
Product Group/Product :
News Type :
My Favorites:
 

Saudi producer issues Oct polymer prices to the local market

by ChemOrbis Editorial Team - content@chemorbis.com
  • 29/09/2015 (13:52)
In Saudi Arabia, a major producer issued their new October PP, PE, GPPS and PET prices to their local market. For PP, the producer rolled over their prices while for PE, they issued rollovers to slight decreases for some products. For PET, the producer lowered their prices and for GPPS they rolled over their offer levels, according to a distributor.

The producer’s new PP offers stand at SAR4125/ton ($1100/ton) for PP raffia and injection, SAR4238/ton ($1130/ton) for PP film and SAR4800/ton ($1280/ton) for PPBC injection on FD Jeddah, cash basis. Meanwhile, the producer offers GPPS injection with a rollover at SAR4988/ton ($1330/ton) and PET bottle at SAR3621/ton ($965/ton), a SAR127/ton ($34/ton) decreases.

For PE, the producer cut their HDPE film prices by SAR75/ton ($20/ton) SAR4425/ton ($1180/ton) while rolling over the rest of their PE prices at SAR4538/ton ($1210/ton) for LDPE film, SAR4650/ton ($1240/ton) for LLDPE c4 injection, SAR4463/ton ($1190/ton) for LLDPE c4 film and at SAR4613/ton ($1230/ton) for HDPE injection with the same terms.

Meanwhile, a Saudi converter commented, “We have just returned to our desks from the holiday, but most players are yet to resume their business. It may take another week for the market to fully start functioning again. For now, overall demand is slow, which is normal when considering the ongoing holiday lull.”
Free Trial