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Tunisian converter: European PP, PE supplies tight

by ChemOrbis Editorial Team -
  • 09/06/2015 (14:50)
A Tunisian converter reported receiving June offers from a major Saudi producer as well as their West European supplier. However, he said that supplies are tight, especially from Europe as they have received only a very limited number of offers from the region given ongoing force majeures.
“We see good demand these days given the approaching Ramadan. However, supply levels are still problematic. Yet, when considering the weakness in global markets, we expect to see slight decreases in July.”

The buyer received Saudi Arabian HDPE film at €1430/ton and PPBC injection at €1480/ton while they got West European PPRC injection at €1490/ton on CIF Tunisia, 90 days basis.
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