S.Asian major announces new PP, PE prices to the region

According to market sources, a major producer in Southeast Asia has announced Feb shipment offers for PP and PE to buyers in the region.

In the latest price list, the producer increased LDPE film price by $10/t compared to last month to reach $1140/t CIF SEA, LC AS term while maintaining their HDPE film price stable at $1120-1130/t. A producer source said, “We are only offering PP to selected customers this round and we feel that buyers are not so much into HDPE film these days.”

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