Market sources reported to SSESSMENTS.COM that the leading Saudi polyolefins producer has announced July PE offers to the local market. As compared to June offers, the producer decided to increase HDPE Blow Moulding grades between SAR113-188/ton ($30-50/ton), while offers for HDPE Injection grades moved higher by SAR187-188/ton ($49.8-50/ton). Likewise, LDPE Film offers from the producer emerged with an upward adjustment of SAR150/ton ($40/ton). As for LLDPE Film grades, the offers surfaced with an increment of between SAR140-150/ton ($37-40/ton ). All changes compared to June offers.
The producer’s latest offers on cash, EXW Saudi Arabia basis are as follow:
| Polymer Grade | Polymer Code | Offers (SAR/ton) | Equivalent in USD/ton | Changes From June (SAR/ton) | Changes From June (USD/ton) |
|---|---|---|---|---|---|
| HDPE Blow Moulding | B4660 | 3,263 | 869 | 113 | 30 |
| HDPE Blow Moulding | B5429B | 3,300 | 879 | 187 | 49.8 |
| HDPE Blow Moulding | B5429A | 3,375 | 899 | 150 | 40 |
| HDPE Blow Moulding | BM1052 | 3,300 | 879 | 187 | 49.8 |
| HDPE Blow Moulding | F00952 | 3,263 | 869 | 188 | 50 |
| HDPE Blow Moulding | M200056 | 3,300 | 879 | 187 | 49.8 |
| HDPE Injection | M80064 | 3,300 | 879 | 187 | 49.8 |
| HDPE Injection | M80064S | 3,413 | 909 | 188 | 50 |
| LDPE Film | HP0322N | 3,563 | 949 | 150 | 40 |
| LDPE Film | HP0323N | 3,563 | 949 | 150 | 40 |
| LDPE Film | HP0722N | 3,488 | 929 | 150 | 40 |
| LDPE Film | HP0823N | 3,488 | 929 | 150 | 40 |
| LDPE Film | 2022J | 3,413 | 909 | 150 | 40 |
| LDPE Film | HP2023J | 3,413 | 909 | 150 | 40 |
| LDPE Film | 4023 | 3,413 | 909 | 150 | 40 |
| LLDPE Film C4 | 118NJ | 3,075 | 819 | 150 | 40 |
| LLDPE Film C4 | 218W | 3,075 | 819 | 150 | 40 |
| LLDPE Film C4 | 318B(P) | 3,113 | 829 | 150 | 40 |
| LLDPE Film C4 | M500026 | 3,338 | 889 | 150 | 40 |
| LLDPE Film C6 | 6318B | 3,825 | 1,019 | 145 | 37 |
