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Saudi producer steps back on Nov PP, LDPE prices to China

by ChemOrbis Editorial Team - content@chemorbis.com
  • 30/10/2014 (08:05)
A Saudi Arabian producer reported that they have stepped back from their initial November prices for homo-PP and LDPE in order to bring their prices into line with the general market level. The producer’s new prices currently stand at $1490/ton for homo-PP injection and raffia and at $1530/ton for LDPE film, all on a CFR China, cash basis.

“We agreed to step back on our offers as we were struggling to conclude deals as our initial offers had been standing close to the top end of the overall range,” a producer source commented.

Import prices for both dutiable and non-dutiable homo-PP injection and raffia origins currently stand at $1383-1520/ton CFR China, cash equivalent basis while LDPE film prices are quoted at $1460-1530/ton with the same terms.
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