Turkey’s Petkim issues second increase for PE this week

According to distributors in Turkey, domestic producer Petkim raised its list prices for PE today for the second time this week. The producer reportedly increased its prices by $25/ton for LDPE and LDPE-t grades, by $30/ton for HDPE injection and blow moulding and by $20/ton for HDPE pipe when compared to its previous levels.

The producer’s new LDPE offers are at $1390/ton for G03/5 and F2-12 and at $1380/ton for H2-8 grade. The producer’s new LDPE-t prices are reported at $1385-1410/ton for different LDPE-t grades. The producer had last revised its LDPE offers on March 14, 2016.

Petkim increased its HDPE prices to $1390/ton for injection and to $1385/ton for blow moulding compared with the levels last revised on March 14, 2016. The producer also increased its prices to $1425/ton for HDPE pipe.

All contracts are on an FCA Aliaga, cash not inc VAT basis.