Stagnancy dominates East Med markets for June PP, PE offers
by ChemOrbis Editorial Team - content@chemorbis.com
Players in Lebanon and Jordan received June PP, PE offers with rollovers to decreases when compared to May levels. Trading activity across the markets is still below average while it is expected to retreat further with the upcoming Eid Al Adha holidays.
In Lebanon, June PE offers were steady to $20/ton down while PP offers were unchanged from May levels at $960-980/ton for LDPE, $890-910/ton for LLDPE, $880-900/ton for HDPE film, $920-940/ton for HDPE b/m and inj., $1000-1010/ton for PPBC, $1050-1060/ton for PPRC, $900-910/ton for PPH raffia and inj., $940-950/ton for PPH film and fibre., on a CIF Lebanon, cash basis.
In Jordan, PP and PE offers were unchanged from the latest May offers at $1090-1110/ton for LDPE, $1020-1030/ton for LLDPE, $990-1010/ton for HDPE film, $1040-1050/ton for HDPE b/m and inj., $1060-1070/ton for PPH raffia and inj., $1090-1100/ton for PPH film and fibre., on a CIF Jordan, 90 days basis.
In Lebanon, June PE offers were steady to $20/ton down while PP offers were unchanged from May levels at $960-980/ton for LDPE, $890-910/ton for LLDPE, $880-900/ton for HDPE film, $920-940/ton for HDPE b/m and inj., $1000-1010/ton for PPBC, $1050-1060/ton for PPRC, $900-910/ton for PPH raffia and inj., $940-950/ton for PPH film and fibre., on a CIF Lebanon, cash basis.
In Jordan, PP and PE offers were unchanged from the latest May offers at $1090-1110/ton for LDPE, $1020-1030/ton for LLDPE, $990-1010/ton for HDPE film, $1040-1050/ton for HDPE b/m and inj., $1060-1070/ton for PPH raffia and inj., $1090-1100/ton for PPH film and fibre., on a CIF Jordan, 90 days basis.
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