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Traders receive October PP, PE prices from Saudi major in Algeria

by ChemOrbis Editorial Team - content@chemorbis.com
  • 10/10/2016 (16:52)
A trader operating in Algeria reported receiving a Saudi major’s October PP and PE prices with rollovers from September. The Saudi major’s offers remained steady at $1280/ton for LLDPE c4 film, at $1290/ton for LDPE film, at $1280-1300/ton for HDPE film, and at $1100/ton for PP homo raffia and injection, all on a CIF Algeria, 90 days deferred payment basis.

“We think that discounts up to $20-25/ton could be possible on deals due to poor market conditions. Demand is very slow and players are reluctant to make new purchases. Meanwhile, we continue to struggle with late deliveries,” commented the source.
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