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    Home > Chemicals Industry > Chemical Technology > Uncertainty will keep South Asian polyolefin trade sluggish

    Uncertainty will keep South Asian polyolefin trade sluggish

    • Last Update: 2022-11-26
    • Source: Internet
    • Author: User
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    In the uncertain environment related to India's plastic ban and Pakistan's upcoming elections, spot trading of polyolefins in the South Asian market may remain sluggish
    until August.

    According to Axis data, on July 13, the price of linear low-density polyethylene (LLDPE) film in the Indian market was 1090-1120 US dollars / ton (CFR India), down 10 US dollars / ton from the previous week; The price of LLDPE film in the Pakistan market was $1140-1180/mt (CFR Pakistan), down $10/mt
    from the lower end of the previous week's assessment range.

    Data show that during the same period, the price of brushed grade and injection grade polypropylene (PP) in the Indian market fell by 10-20 US dollars / ton, falling to 1260-1280 US dollars / ton (CFR India) and 1280-1310 US dollars / ton (CFR India)
    respectively.

    In the uncertain environment related to India's plastic ban and Pakistan's upcoming elections, spot trading of polyolefins in the South Asian market may remain sluggish
    until August.

    Polyolefins

    According to Axis data, on July 13, the price of linear low-density polyethylene (LLDPE) film in the Indian market was 1090-1120 US dollars / ton (CFR India), down 10 US dollars / ton from the previous week; The price of LLDPE film in the Pakistan market was $1140-1180/mt (CFR Pakistan), down $10/mt
    from the lower end of the previous week's assessment range.

    Data show that during the same period, the price of brushed grade and injection grade polypropylene (PP) in the Indian market fell by 10-20 US dollars / ton, falling to 1260-1280 US dollars / ton (CFR India) and 1280-1310 US dollars / ton (CFR India)
    respectively.

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