Market sources in the Philippines reported to SSESSMENTS.COM that the leading Philippines polyolefins producer has announced revision on local PE and PP prices. As informed, the producer applied an upward adjustment across all different grades of PE and PP by PHP1,000/ton ($20/ton) as compared to last week’s offer levels. All changes with effect from June 24, 2020.
Local PE, PP offers on cash, FD Philippines basis (including 12% VAT in PHP term, excluding VAT in USD term)
