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Trader: Saudi producer announces Jan PP, PE prices to SEA

by ChemOrbis Editorial Team - content@chemorbis.com
  • 26/12/2014 (16:20)
A trader based in Vietnam reported that a Saudi Arabian producer announced their new January PP and PE prices to the Southeast Asian markets with decreases of $310/ton for LLDPE film and $320/ton for HDPE film. The producer’s new prices are standing at $1100/ton CIF SEA, cash for HDPE film, LLDPE film, PP block copolymer, PP raffia and homo-PP injection.

The trader stated, “Trading activity is slow due to the year-end holidays. However, many traders believe that prices have reached the bottom, with some of them already starting to make small scale purchases.”
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