Mid-Eastern producer reveals Sept PP, PE prices to SEA
Aug. 27, 2018
A Singaporean agent of a Middle Eastern producer reported that their supplier announced its September PP and PE prices to Southeast Asia with rollovers to increases when compared to August.
The producer lifted its new offers by $50/ton for LLDPE film and by $20/ton for PPBC inj. and BOPP from last month while keeping its HDPE film and homo-PP raffia and injection offers stable. Meanwhile, the producer had no allocation for LDPE coating.
Accordingly, the producer’s September offers to the region currently stand at $1320/ton for HDPE film and PPBC inj., at $1180/ton for LLDPE film, at $1260/ton for homo-PP raffia and injection and at $1280/ton for BOPP, all on CIF SEA, cash basis.