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Thai producer cuts PP, HDPE pipe 100 prices to SEA

by ChemOrbis Editorial Team - content@chemorbis.com
  • 16/10/2014 (06:38)
A source from a Thai producer reported that they reduced their import PP and HDPE pipe 100 prices by $20/ton to the Southeast Asian markets. The producer’s current offers are standing at $1670/ton for homo-PP raffia and injection and at $1700/ton for homo-PP film and HDPE pipe 100, all on CIF SEA, cash basis.

The source commented, “The PP market is quite competitive nowadays as most buyers are waiting on the sidelines with the expectation of seeing further reductions before entering the market. Our production is still not smooth; hence we are still prioritizing the local market.”

In Southeast Asia, import PP prices are currently reported in the range of $1500-1670/ton for homo-PP raffia and injection and $1580-1700/ton for homo-PP film, all on CIF SEA, cash equivalent basis.
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