Market sources reported to SSESSMENTS.COM that a Saudi polyolefins producer has unveiled June PE and PP offers to the local market. As informed, the producer decided to maintain a stable offer level for PP across different grades. Likewise, offers for PE across all grades remain unchanged, except for certain grades of HDPE Blow Moulding, HDPE Film, and HDPE Pipe. As for Blow Moulding and Film grades, offers were adjusted up by SAR37/ton ($10/ton) and SAR75/ton ($20/ton), respectively. While offers for HDPE Pipe grades increased between SAR38-75/ton ($10-20/ton). All changes compared to May delivery offers.
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The producer’s latest offers on cash, EXW Saudi Arabia basis are as follows:
| Polymer Grade | Polymer Code | Offers (SAR/ton) | Equivalent in USD/ton | Change From May (SAR/ton) |
|---|
| HDPE Blow Moulding | B1258 | 3,075 | 818 | 37 |
| HDPE Film | F0455 | 3,075 | 818 | 75 |
| HDPE Injection | IM2050 | 3,038 | 808 | No Changes |
| HDPE Pipe Black(100) | PE 100 Black | 3,488 | 928 | 75 |
| HDPE Pipe Blue (100) | PE 100 Blue | 4,238 | 1,127 | 38 |
| HDPE Pipe Orange (100) | PE 100 Orange | 4,238 | 1,127 | 38 |
| LDPE Film | 0725N | 3,338 | 888 | No Changes |
| LDPE Film | 1925AS | 3,263 | 868 | No Changes |
| LDPE Film | 4025AS | 3,263 | 868 | No Changes |
| BOPP | H3030 | 3,375 | 898 | No Changes |
| PP Homo Fiber | H2045 | 3,375 | 898 | No Changes |
| PP Homo Fiber | H2245 | 3,413 | 908 | No Changes |
| PP Homo Fiber | H2250 | 3,413 | 908 | No Changes |
| PP Homo Fiber | H2235 | 3,450 | 918 | No Changes |
| PP Homo Film | H3080 | 3,375 | 898 | No Changes |
| PP Homo Injection | H4120 | 3,300 | 878 | No Changes |
| PP Homo Injection | H4220M | 3,300 | 878 | No Changes |
| PP Homo Injection | H4260M | 3,300 | 878 | No Changes |
| PP Homo Injection | H4300M | 3,300 | 878 | No Changes |
| PP Homo Raffia | H1030 | 3,300 | 878 | No Changes |
| PP Homo Raffia | H1045 | 3,300 | 878 | No Changes |
Description: *USD/SAR exchange rate = 3.75185
Tags: English,Middle East,News,PE,PP,Saudi Arabia
Published on June 2, 2020 4:22 PM (GMT+8)
Last Updated on June 2, 2020 4:29 PM (GMT+8)
