Singaporean maker announced PP, LDPE offers to regional market

It is reported that a major Singaporean producer has announced fresh PP and LDPE for January shipment to regional market at stable to firmer levels from last month. Supply is not high, sources close to the company informed, as the producer is in mid of stocking up inventories ahead of major maintenance shutdown at PE unit in early quarter 3  2018.

Latest offers see $20/ton increased for all PP cargoes, at $1240/ton for homo-PP, $1310/ton for PP block copolymer and $1320/ton for PP random copolymer, all based on CIF Southeast Asia/DAP Malaysia, LC AS term. 

Meanwhile, offers for LDPE cargoes remain unchanged, at $1380/ton for film, $1440/ton for injection and $1450/ton for lamination grade, with the same payment and shipment term.