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NewsSSESSMENTS: Saudi PP Homo Raffia Offers To China Touching A New Threshold Level, PE Prices Posted New Adjustments


According to SSESSMENTS.COM’s pricing database, Saudi PP Homo Raffia offers to China is touching a new threshold level. As reported by a Chinese trader, import PP Homo Raffia cargoes from a Saudi producer are available at $900/ton on LC at sight, CIF China Main Port basis, making it a new highest level. For import PE cargoes, the fresh offers for HDPE Film and LLDPE Film C4 from another Saudi producer surfaced with an upward adjustment of $30/ton from last week’s levels, stand at $760/ton and $750/ton, respectively, on the same payment and delivery terms.

Click below to view related stories and content on China PE, PP market:

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WeeklySSESSMENTS: China PP Prices Week Starting May 18

Import PE offers on May 26 on LC at sight, CIF China Main Port basis

OriginProductTransaction TypeOffers (USD/ton)
SaudiHDPE FilmOffer Received760
SaudiLLDPE Film C4Offer Received750

Import PP Homo Raffia offers in May on LC at sight, CIF/CFR China Main Port basis

DateOriginTransaction TypeOffers (USD/ton)
7-May-2020SaudiOffer Received830
8-May-2020SaudiOffer Received865
14-May-2020SaudiOffer Received860
21-May-2020SaudiOffer Received890
26-May-2020SaudiOffer Received900

Tags: Asia Pacific,China,English,NEA,News,PE,PP,Saudi Arabia

Published on May 26, 2020 6:57 PM (GMT+8)
Last Updated on May 26, 2020 7:09 PM (GMT+8)