Major Middle Eastern producer announced new PP and PE prices to SEA

A major Saudi Arabia producer has announced new prices for their PP and PE cargoes to be delivered in May to Southeast Asian buyers at stable to firmer level compared to last month.

The producer latest prices are shown in the following table:

Source from the producer commented, “We are having very small quantity of LLDPE film this month due to some unsolved production issues; yet demand is weaker than last month, hence we choose not to implement any significant hike.”